Creative Ways to Buy a Home

Here are four ways to expand the box of beginning home ownership when you don't have the needed downpayment or credit to qualify.
1. Speak with your Realtor and lender to determine down payment programs that may cover part or all of the downpayment.
2. Work closing costs into an offer so that the seller covers them as part of the contract.
3. Ask a family member to be a co-signer on the loan.
4. You can try a lease with an option to buy. This will allow you to rent while you save up for the downpayment needed.
For more information, contact your local Realtor and reputable lender to help with your individual situation.