Don't Pay Another Cent in Rent To Your Landlord . . .   If you're like most renters, you feel trapped within the walls of a house or apartment that doesn't feel like yours.   It's a dream we all have - to own our own home and stop paying rent. But if you're like most renters, you feel trapped within the walls of a house or apartment that doesn't feel like yours. How could it when you're not even permitted to bang in a nail or two without a hassle. You feel like you're stuck in the renter's rut with no way of rising up out of it and owning your own home.   Don't Feel Trapped Anymore Buy a Home With Zero Cash!   "Now you can realize the dream of owning your own home with zero down payment."   The Zero Cash Down payment Program offers you a way to buy a home with no down payment. That's right zero down payment. You may have owned a home before and are presently renting, or are a first time homebuyer and need a way to break into the housing market but held back because you thought you required a substantial down payment. Or you may be in the position where you do not want to liquidate your financial assets to use as a down payment on a home. Regardless of your present situation, you want a way to get into or to re-enter the housing market without having to make a cash down payment. The Zero Cash Down payment Program may be just the answer you need. Here's what is required to qualify for the Zero Cash Down payment Program.   Program Qualifications 1. Credit history Credit scores can go down to 500.   2. Limited liabilities You will be required to disclose all current liabilities you have in order to determine how much more debt you can carry. (i.e., present car loan, credit cards, etc.). If scores are high enough to state income, this is not necessary.   3. Employment stability You will be required to show proof of employment for the past 2 years, ie. a letter of employment from your employer or financial statements for the past 2 years if self-employed.   4. The financial ability to carry larger monthly payments Without a down payment you will be required to meet the obligation of larger mortgage payments. Your monthly payments could vary from a few to several hundred dollars more per month.   Under the Terms of the Program You Can Purchase Many Types of Properties They include: detached or semi-detached homes free-hold town homes condominium town homes   It is important to note that not all properties qualify for the Zero Cash Down payment Program. To ensure that you get an accurate picture of what properties may or may not be included in this pro-gram in your particular area, it is advisable to review the terms of the program with your Realtor ®.   Benefits of the Zero Cash Down payment Program 1. No Down payment If you are renting, why pay your landlord's mortgage? Why not reap the benefit of building your own equity? Are you renting because you are held back from owning your own home because you think you need a substantial down payment? The general perception of many would-be-homebuyers and even that of some Realtors ® is that a substantial down payment is required in order to purchase a home. This is simply not true. Because of this perception many would-be-home-buyers feel they have to save for years before they have enough money for a down payment so that they can finally enter the housing market. In the meantime they are lining someone else's pockets, while waiting a long time before they can start building their own equity. Well, with the Zero Cash Down payment Program you don't need a down payment to buy a home.   2. Buy a Home Now! If needing a down payment is keeping you from owning your own home, this new program offers you an immediate way to get into the housing market. With the Zero Cash Down payment Program you don't have to wait to purchase a home.   3. Approved Bank Program It is important to know that the Zero Cash Down payment Program is an approved bank program. Review this program with your mortgage broker who has specialized knowledge in financing and can assist you with the Zero Cash Down payment Program.   It doesn't matter how long you've been renting, or how insurmountable your financial situation may seem. The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to homeowner. With this information, you will begin to see how you really can: save for a down payment stop lining your landlord's pockets, and stop wasting thousands of dollars on rent.   6 Little Known Facts That Can Help You Buy Your First Home The problem that most renters face isn't your ability to meet a monthly payment. Goodness knows that you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.   But saving for this lump sum doesn't have to be as difficult as you might think. Consider the following 6 important points:   1. You can buy a home with much less down than you think There are some local or federal government programs (such as 1st time buyer programs) to help people get into the housing market.   2. You may be able to get your lender to help you with your down payment and closing costs There are down-payment assistance programs available to help with the down payment if you do not quality for 100% financing.   3. You may be able to find a seller to help you buy and finance your home Some sellers may be willing to hold a second mortgage for you as a seller carry-back. In this case, the seller becomes your lending institution. Instead of paying this seller a lump-sum full amount for his or her home, you would pay monthly mortgage installments.   4. You may be able to create a cash down payment without actually going into debt By borrowing money for certain investments to a specified level, you may be able to generate a significant tax refund for yourself that you can use as a down-payment. While the money borrowed for these investments is technically a loan, the monthly amount paid can be small, and the money invested in both home and investment will be yours in the end.   5. You can buy a home even if you have problems with your credit rating If you can come up with more than the minimum down-payment, or can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back mortgage could also help you in this situation.   6. You can, and should, get pre-approved for a home loan before you go looking for a home Pre-approval is easy, and can give you complete peace-of-mind when shop-ping for your home. Mortgage experts can obtain written pre-approval for you at no cost and no obligation, and it can all be done quite easily over-the-phone. More than just a verbal approval from your lending institution, a written pre-approval is as good as money in the bank. It entails a completed credit application, and a certificate which guarantees you a mortgage to the specified level when you find the home you're looking for. Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mort-gage, and being stuck in the renter's rut forever. Typically there is no cost or obligation to enquire.   There are many important issues you should be aware of that affect you as a renter. Why on earth would you continue to lose thousands by throwing it away on rent when with your agent you could take a few minutes to discuss your specific needs so that you can stop renting and start owning.   This conversation costs you nothing. And, of course, you shouldn't have to feel obligated to buy a home at the time you review this. But by taking the time to explore your options, and learn about the ways you can afford to buy a home, think how prepared and relaxed you'll be when you are ready to make this important step.