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Hard Mortgages
Special Programs

HUD National Direct Lender

FHA, USDA,VA, ZERO DOWN

First Time Homebuyers, Home Loan after Bankruptcy, Past Bad Credit, Currently in chapter 13 Bankruptcy

Zero Down Purchase or Refinance with Cash Out

We do manual FHA underwriting and allow higher debt to income ratio

and credit scores as low as 500 even no credit scores!! That means...

"We Say YES.....Even if The Bank Said NO!"

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Prequalify by Phone in 5 Minutes

Call Jerry Vinett

1-888-503-8903

 

                                                                                                    

FHA-HOME-LOAN-PURCHASE-MORTGAGE-REFINANCE-ZERO-DOWN-100%-95%-CASH-OUT-REFINANCE-Aspen FHA mortgage, Aurora FHA mortgage, Avon FHA mortgage, Boulder FHA mortgage, Breckenridge FHA mortgage, Centennial FHA mortgage, Colorado Springs FHA mortgage, Colorado FHA mortgage, Durango FHA mortgage, Denver FHA mortgage, Eaton FHA mortgage, Edgewater FHA mortgage, Englewood FHA mortgage, Fort Collins FHA mortgage, Greeley FHA mortgage, Golden FHA mortgage, Littleton FHA mortgage, Louisville FHA mortgage, Loveland FHA mortgage, Pueblo FHA mortgage, South Park FHA mortgage, South Fork FHA mortgage, Sheridan FHA mortgage, Telluride FHA mortgage, Thornton FHA mortgage, Trinidad FHA mortgage,Vail FHA mortgage,Westminster FHA mortgage,Wheat Ridge FHA mortgage,Widsor FHA mortgage,Winter Park FHA mortgage,Zero-down-FHA-mortgage-Home-loan-0-0%-100%-no-down-payment-refinance-cash-out-streamline-lower-rate-lower-monthly-payments.

A I MORTGAGE Inc dba AMERICAN INDEPENDENT MORTGAGE ©2005

Corporate Headquarter: 417 Welshwood Dr. Suite 210, Nashville, TN 37211

A I Mortgage Inc, Tennessee #1516  register HUD Lender (registrant) Missouri, Indiana, Kentucky, HUD Exemption. HUD 16545-0000-0. Colorado Exempt.

Missouri, Indiana,

                                                                             

                                                                                Colorado FHA Loan Limits

                           

ADAMS 

DENVER-AURORA, CO (MSA) 

$261,609

ALAMOSA 

NON-METRO 

$172,632

ARAPAHOE 

DENVER-AURORA, CO (MSA) 

$261,609

ARCHULETA 

NON-METRO 

$200,250

BACA 

NON-METRO 

$172,632

BENT 

NON-METRO 

$172,632

BOULDER 

BOULDER, CO (MSA) 

$290,319

BROOMFIELD 

DENVER-AURORA, CO (MSA) 

$261,609

CHAFFEE 

NON-METRO 

$172,632

CHEYENNE 

NON-METRO 

$172,632

CLEAR CREEK 

DENVER-AURORA, CO (MSA) 

$261,609

CONEJOS 

NON-METRO 

$172,632

COSTILLA 

NON-METRO 

$172,632

CROWLEY 

NON-METRO 

$172,632

CUSTER 

NON-METRO 

$172,632

DELTA 

NON-METRO 

$172,632

DENVER 

DENVER-AURORA, CO (MSA) 

$261,609

DOLORES 

NON-METRO 

$172,632

DOUGLAS 

DENVER-AURORA, CO (MSA) 

$261,609

EAGLE 

EDWARDS, CO (MICRO) 

$312,895

EL PASO 

COLORADO SPRINGS, CO (MSA) 

$206,798

ELBERT 

DENVER-AURORA, CO (MSA) 

$261,609

FREMONT 

CANON CITY, CO (MICRO) 

$172,632

GARFIELD 

NON-METRO 

$222,143

GILPIN 

DENVER-AURORA, CO (MSA) 

$261,609

GRAND 

NON-METRO 

$223,250

GUNNISON 

NON-METRO 

$197,553

HINSDALE 

NON-METRO 

$172,632

HUERFANO 

NON-METRO 

$172,632

JACKSON 

NON-METRO 

$172,632

JEFFERSON 

DENVER-AURORA, CO (MSA) 

$261,609

KIOWA 

NON-METRO 

$172,632

KIT CARSON 

NON-METRO 

$172,632

LA PLATA 

DURANGO, CO (MICRO) 

$230,850

LAKE 

EDWARDS, CO (MICRO) 

$312,895

LARIMER 

FORT COLLINS-LOVELAND, CO (MSA) 

$212,800

LAS ANIMAS 

NON-METRO 

$172,632

LINCOLN 

NON-METRO 

$172,632

LOGAN 

STERLING, CO (MICRO) 

$172,632

MESA 

GRAND JUNCTION, CO (MSA) 

$172,632

MINERAL 

NON-METRO 

$172,632

MOFFAT 

NON-METRO 

$172,632

MONTEZUMA 

NON-METRO 

$172,632

MONTROSE 

MONTROSE, CO (MICRO) 

$172,632

MORGAN 

FORT MORGAN, CO (MICRO) 

$172,632

OTERO 

NON-METRO 

$172,632

OURAY 

NON-METRO 

$199,500

PARK 

DENVER-AURORA, CO (MSA) 

$261,609

PHILLIPS 

NON-METRO 

$172,632

PITKIN 

NON-METRO 

$290,319

PROWERS 

NON-METRO 

$172,632

PUEBLO 

PUEBLO, CO (MSA) 

$172,632

RIO BLANCO 

NON-METRO 

$172,632

RIO GRANDE 

NON-METRO 

$172,632

ROUTT 

NON-METRO 

$302,500

SAGUACHE 

NON-METRO 

$172,632

SAN JUAN 

NON-METRO 

$172,632

SAN MIGUEL 

NON-METRO 

$261,609

SEDGWICK 

NON-METRO 

$172,632

SUMMIT 

SILVERTHORNE, CO (MICRO) 

$288,800

TELLER 

COLORADO SPRINGS, CO (MSA) 

$206,798

WASHINGTON 

NON-METRO 

$172,632

WELD 

GREELEY, CO (MSA) 

$218,025

YUMA 

NON-METRO 

$172,632

                                                 

FHA-HOME-LOAN-PURCHASE-MORTGAGE-REFINANCE-ZERO-DOWN-100%-95%-CASH-OUT-REFINANCE

Aspen FHA mortgage, Aurora FHA mortgage, Avon FHA mortgage, Boulder FHA mortgage, Breckenridge FHA mortgage, Centennial FHA mortgage, Colorado Springs FHA mortgage, Colorado FHA mortgage, Durango FHA mortgage, Denver FHA mortgage, Eaton FHA mortgage, Edgewater FHA mortgage, Englewood FHA mortgage, Fort Collins FHA mortgage, Greeley FHA mortgage, Golden FHA mortgage, Littleton FHA mortgage, Louisville FHA mortgage, Loveland FHA mortgage, Pueblo FHA mortgage, South Park FHA mortgage, South Fork FHA mortgage, Sheridan FHA mortgage, Telluride FHA mortgage, Thornton FHA mortgage, Trinidad FHA mortgage,Vail FHA mortgage,Westminster FHA mortgage,Wheat Ridge FHA mortgage,Widsor FHA mortgage,Winter Park FHA mortgage,Zero-down-FHA-mortgage-Home-loan-0-0%-100%-no-down-payment-refinance-cash-out-streamline-lower-rate-lower-monthly-payments.

APPLY NOW

FHA ZERO Down Mortgage

Aspen FHA first time home buyer mortgage, Aurora FHA first time home buyer mortgage, Avon FHA first time home buyer mortgage, Bayfield FHA first time home buyer mortgage, Basalt FHA first time home buyer mortgage, Berthoud FHA first time home buyer mortgage, Black Hawk FHA first time home buyer mortgage, Boulder FHA first time home buyer mortgage, Breckenridge FHA first time home buyer mortgage, Brighton FHA first time home buyer mortgage, Broomfield FHA first time home buyer mortgage, Brush first time home buyer mortgage, Burlington first time home buyer mortgage, Castle Rock FHA first time home buyer mortgage, Cedaredge first time home buyer mortgage, Centennial first time home buyer mortgage, Cherry Hills Village FHA first time home buyer mortgage, Colorado Springs FHA first time home buyer mortgage, Commerce City first time home buyer mortgage, Cortez first time home buyer mortgage, Craig first time home buyer mortgage, Creede first time home buyer mortgage, Cripple Creek first time home buyer mortgage, Delta first time home buyer mortgage, Denver, Dillon first time home buyer mortgage, Durango FHA first time home buyer mortgage, Eagle first time home buyer mortgage, Eaton FHA first time home buyer mortgage, Edgewater first time home buyer mortgage, Englewood FHA first time home buyer mortgage, Erie first time home buyer mortgage, Estes Park FHA first time home buyer mortgage, Evans first time home buyer mortgage, Federal Height FHA first time home buyer mortgage, Firestone first time home buyer mortgage, Frederick first time home buyer mortgage, Fort Collins first time home buyer mortgage, Fort Lupton first time home buyer mortgage, Fort Morgan first time home buyer mortgage, Fountain first time home buyer mortgage, Frisco first time home buyer mortgage, Fruita first time home buyer mortgage, Georgetown first time home buyer mortgage, Glendale first time home buyer mortgage, Glenwood Springs first time home buyer mortgage, Golden FHA first time home buyer mortgage, Grand Junction FHA first time home buyer mortgage, Greeley first time home buyer mortgage, Greenwood Village first time home buyer mortgage, Gunnison first time home buyer mortgage, Gypsum first time home buyer mortgage, Idaho Springs first time home buyer mortgage, Ignacio first time home buyer mortgage, Johnstown first time home buyer mortgage, La Junta first time home buyer mortgage, Lafayette first time home buyer mortgage, Lakewood FHA first time home buyer mortgage, Lamar first time home buyer mortgage, Larkspur first time home buyer mortgage, Limon first time home buyer mortgage, Littleton first time home buyer mortgage, Lone Tree first time home buyer mortgage, Longmont first time home buyer mortgage, Louisville FHA first time home buyer mortgage, Loveland FHA first time home buyer mortgage, Lyons first time home buyer mortgage, Minturn first time home buyer mortgage, Montrose first time home buyer mortgage, Morrison first time home buyer mortgage, Nederland first time home buyer mortgage, New Castle FHA first time home buyer mortgage, Northglenn first time home buyer mortgage, Olathe first time home buyer mortgage, Pagosa Springs FHA first time home buyer mortgage, Palmer Lake first time home buyer mortgage, Parker first time home buyer mortgage, Pueblo FHA first time home buyer mortgage, Rifle FHA first time home buyer mortgage, Sheridan first time home buyer mortgage, Silt first time home buyer mortgage, Silverthorne first time home buyer mortgage, Silverton first time home buyer mortgage, Town of  Snowmass Village first time home buyer mortgage, South Fork first time home buyer mortgage, Steamboat Springs FHA first time home buyer mortgage, Sterling first time home buyer mortgage, Stratton first time home buyer mortgage, Superior first time home buyer mortgage, Telluride FHA first time home buyer mortgage, Thornton first time home buyer mortgage, Trinidad first time home buyer mortgage, Vail first time home buyer mortgage, Westminster first time home buyer mortgage, Wheat Ridge first time home buyer mortgage, Windsor first time home buyer mortgage, Winter Park FHA first time home buyer mortgage,

         

FHA ZERO DOWN MORTGAGE !

HUD PROPOSED CHANGES

FHA 100% MORTGAGE, FHA 103% MORTGAGE

FHA 100% FIRST TIME HOME BUYER PROGRAMS

CURRENTLY 97%PLUS 3% GIFT = 100% FINANCING

Zero down mortgage home loans have been available with Fannie Mae and Freddie Mac for years. Now the federal government wants to get into the 100% home loan business! That’s Big News for home buyers that struggle with down

Payment and closing cost .

Borrowers would be able to take out no-money-down mortgages insured by the Federal Housing Administration under a proposal by the housing department. Right now, FHA-insured loans are limited to a maximum of 97 percent of the home's price, meaning that homeowners have to come up with a 3 percent down payment.

FHA-insured, zero-down loans won't be available until October at the earliest, because the proposal will be included in the Department of Housing and Urban Development's fiscal 2005 budget proposal. The fiscal year begins Oct. 1. Allowing zero-down, FHA-insured mortgages would require congressional approval.

FHA-insured, zero-down loans won't be available until October at the earliest, because the proposal will be included in the Department of Housing and Urban Development's fiscal 2005 budget proposal. The fiscal year begins Oct. 1. Allowing zero-down, FHA-insured mortgages would require congressional approval.

Under the proposal, home buyers not only would be able to get FHA-insured loans with no money down, but they could roll some closing costs into the loan. The maximum loan size, then, would be 103 percent of the home's price.

Help for first-time buyers
The proposed change would remove the biggest obstacle facing first-time home  buyers, says John Weicher, the federal housing commissioner. "This initiative would not only address a major hurdle to homeownership and allow many renters to afford their own home, it would help these families build wealth and become true stakeholders in their communities," Weicher says.

The Bush administration has a goal to create 5.5 million new minority homeowners by 2010. The FHA estimates that the zero-down option would generate 150,000 new homeowners in the first year.

Zero-down mortgage loans were not always offered. They are riskier loans because zero-down borrowers are deemed more likely to default, and when they do default, the lender is more likely to lose money. But as mainstream mortgage lenders have found that they can make money by lending to shaky borrowers at high rates, zero-down loans have become widely available. Now, under HUD's proposal, lenders would be able to offer zero-down loans and let the FHA insurance pool assume the risk. The insurance pool is funded by borrowers, not by taxpayers.

How will the proposal work
FHA borrowers would pay more, both upfront and monthly, for the privilege of not making a down payment Today, if a home buyer makes a 3 percent down payment and gets an FHA-insured mortgage, the buyer pays an upfront mortgage insurance premium of 1.5 percent at closing, and half a percentage point is tacked onto the interest rate. Under the proposal, a riskier zero-down loan would incur a mortgage insurance premium of 2.25 percent at closing, and three-quarters of a percentage point would be added to the interest rate for the first five years of the loan. After five years, the interest rate would be reduced by one-quarter point.

It would mean slightly higher payments for zero-down borrowers. Consider the case of Jack, who puts 3 percent down and borrows $100,000, and Jill, who gets a zero-down loan for $100,000. Both get their loans when mortgage rates average 6 percent for people with good credit who put 20 percent down.

Example BORROWER 1 would pay a $1,500 insurance premium as part of his closing costs. He would pay 6.5 percent interest, for monthly payments (principal and interest) of $632.07. Borrower 2 would pay a $2,250 insurance premium as part of closing costs (or $750 more than Borrower 1) and would pay 6.75 percent interest, for monthly payments of $648.60 ($16 more than borrower 1 monthly payment). After five years, her monthly principal and interest would drop to $632.07, the same as Borrower 1  pays.

Borrower 2 could add the upfront mortgage insurance premium to the loan amount, borrowing $102,250; that would raise the initial monthly principal and interest payments to $663.19, or $31 more than borrower 1 monthly payment.