No Down Payment

Security Home Mortgage offers a No Down Payment program for homebuyers, allowing them to finance the entire amount of their home purchase, including closing costs. The program includes an option for a soft-second mortgage, with no payments initially, and forgiveness after 36 months of on-time payments on the primary mortgage. It is available to prior homeowners and non-occupant co-borrowers as well, providing financial benefits for qualified borrowers. By combining the program with a 30-year fixed FHA mortgage, homebuyers can secure a home with little or no cash investment, making it a suitable option for those looking to minimize upfront costs.