0% Down Purchase is a down payment assistance program that allows borrowers to receive a 3% loan up to $15,000

 Borrowers will have no required monthly payment on the second lien and the second lien does not accrue interest. The second lien is due in full as a balloon payment upon refinance of the 1st lien, a payoff or the final payment of the amortization schedule of the 1st lien.

MKG Enterprises Corp Homeownership: "0% Down Purchase"

At MKG Enterprises Corp, we understand that the journey to homeownership can be challenging, especially for first-time buyers or those looking to relocate. That's why we're thrilled to offer an exceptional opportunity that makes this journey easier and more accessible than ever before with our 0% Down Purchase program!

1. 0% Down Purchase Advantage:

   Unlock the door to your dream home with 0% down! Ideal for both first-time homebuyers and existing homeowners, our 0% Down Purchase is a down payment assistance program that allows borrowers to receive a 3% loan up to $15,000, helping you secure your home without the initial financial burden.

2. $15,000 Second Lien DPA:

   Enhance your purchasing power with our second lien Down Payment Assistance (DPA) program. This $15,000 support does not require monthly payments and does not accrue interest. The second lien is settled through a balloon payment when you refinance the first lien, make the final payment of its amortization schedule, or upon payoff of the property.

3. Flexible Credit Requirement:

   With a minimum credit score requirement of just 620, our programs are designed to be accessible to a wide range of homebuyers. We're dedicated to helping more individuals step into the comfort of their own homes.

4. Fast Closing Process:

   Unlike other DPA programs that can drag on, our 0% Down Purchase funding is swift, aiming to close escrow within 8 to 15 days. This efficiency ensures you can move into your dream home sooner without the typical delays.

5. Two 0% Down Purchase Options:

   - Home One: Exclusively for first-time homebuyers, this option is crafted to simplify your first purchase with essential support and guidance.

- Eligibility Requirements:

  - First-Time Home Buyer Requirement: At least one borrower must be a first-time home buyer, making it an ideal choice for new entrants into the housing market.

  - No AMI Restrictions: There are no income limitations, opening the program to a broader range of buyers.

  - No Non-Occupying Co-Borrowers: Only those planning to occupy the home can be co-borrowers, focusing on owner-occupant buyers.

  - Loan-to-Value (LTV) Ratio: Similar to Home Possible, the LTV ratio ranges from 95.01% to 97%, allowing for minimal down payments.

   - Home Possible: Aimed at individuals with incomes at or below 80% of the Area Median Income (AMI), ensuring financial constraints don't stop you from buying your home.

- Eligibility Requirements:

  - No First-Time Home Buyer Requirement: Open to both first-time and repeat buyers.

  - Income Restrictions: Buyers must have incomes at or below 80% of the Area Median Income (AMI).

  - Flexible Co-Borrowing:  Allows non-occupying co-borrowers to be part of the loan, making it easier for buyers to qualify.

  - Loan-to-Value (LTV) Ratio:** Minimum LTV of 95% to a maximum of 97%, facilitating lower down payments.

Don't let the chance to own your home slip away! Contact MKG Enterprises Corp today to discover how our 0% Down Purchase program can help you step into your new home with ease and confidence. Visit our website, call us (559) 337-5990, or drop by our office to learn more about "0% Down Purchase" and begin your journey to homeownership with MKG Enterprises Corp.

MKG Enterprises Corp is dedicated to making your dream of homeownership a reality with tailored solutions that address your financial needs. Explore our 0% Down Purchase option and see how easily your dream home can become a reality!