AmeriSouth is home to the only ‘true’ NC zero down mortgage. USDA Rural Development loans are available for eligible borrowers for specific locations across North Carolina. To find out if you qualify, make a call to an AmeriSouth agent today.
Numerous Loan Options
If you’re looking to buy a home with little or no money out-of-pocket at closing, our lenders offer several ways to purchase the home of your dreams. Conventional and Government Assistance loans are both excellent ways to become a homeowner- and the best part is that our agents do all the legwork, finding the right lender for your needs and helping you fill out paperwork. For most of our clients, there is no cost involved in working with us.
Best Rates and Terms
At AmeriSouth, we aggressively compete with other agencies in your community, working with a network of lenders to find and secure the lowest interest rate and best terms for your mortgage. Having been a leader in the NC region for nearly 30 years, we have accumulated the knowledge and experience necessary to deliver the exceptional customer service we believe our clients deserve.
Buy With Nothing Down
While we can provide many options in borrowing with very little out of pocket, the USDA Rural Development loan is still the only NC zero down mortgage available- and one our agents at AmeriSouth love recommending to eligible borrowers. Our lenders are far more apt to loan money through a USDA loan because the government guarantees the loan against default, and as such, persuades lenders to take on a higher risk and offer better terms on the loan.
Of course, the most significant advantage of the USDA is the ability to buy a home with no money coming out of your pocket; however, many additional benefits accompany the USDA loan:
- Since the entire loan is guaranteed against default, lenders are in a unique position to offer the lowest interest rates on the market at any current time. Your credit score will have a lot to do with the rate you’re provided by a lender. We advise all of our clients to spend as much time as possible, before borrowing on a home, repairing their credit or trying to improve their score.
- Another distinct advantage of the USDA loan is that lenders do not require the homeowner to carry private mortgage insurance. Instead, you’ll be charged two low fees: an annual fee that will be added to your mortgage payments, and an upfront guarantee fee, paid when the loan closes.
- Homeowners find that a USDA loan comes with the lowest funding fee compared with all other government loans.
Learn More On Our Website
Visit AmeriSouth online or make a call to one of our agents for more information on a truly zero down mortgage and purchase the home you’ve been dreaming about. We love saying yes to our clients- especially after their loan applications have been turned down by other traditional lenders.