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Home Financing With Little Money Out of Pocket

Coastal Credit Union offers 100% financing, essentially requiring no down payment. Down payment assistance is also available through counties and North Carolina Housing.

Key takeaways

  • Coastal Credit Union offers programs designed to require very little money out of pocket.
  • One option provides 100% financing, essentially requiring zero down payment.
  • Down payment assistance is available through counties and North Carolina Housing.
  • For the 100% financing option, you do not have to be a first-time buyer if the home will be your primary residence.

Explanation

The video features Freddy Aguilar from Coastal Credit Union discussing programs that may let buyers purchase a home with very little money out of pocket. These options include 100% financing, which is essentially zero down payment. Coastal Credit Union also works with down payment assistance available through counties and North Carolina Housing. For the 100% financing option, you do not have to be a first-time buyer, as long as the home will be your primary residence.

Reel transcript

English version

Here we are with Freddy Aguilar from Coastal Credit Union. Freddy has served us for years and has also served our clients. We have worked very closely together. At Coastal Credit Union, you have some very special programs, including programs in which you need very little money out of pocket to be able to buy a house. Tell us a little bit about that, Freddy. At Coastal, we can offer you 100% financing, basically zero down payment. We also work with down payment assistance in the counties and North Carolina Housing. And the best part of all, for the 100%, you do not have to be a first-time buyer. As long as the house will be your primary residence, we can qualify you. Thank you very much, Freddy. If you want more information or want to apply, the contact is in the link in the description, or you can call us. Thank you.

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