Buying a House with No Money Down, is it Possible?

Not a week goes by where a potential home buyer will call me, Dave Crowell, American Dream Realty, Camarillo Ca about buying a house with no money down.  Years ago when I first started thinking about investing in Real Estate I was intrigued by the No Money Down books by Robert Allen and other so called Real Estate Gurus.  However, once I embarked on a Real Estate career, I realized that those books were unrealistic in particular in California.

Fortunately, in Ventura County in cities such as Ventura, Camarillo, Fillmore, Piru, Port Hueneme, Pt. Mugu, Thousand Oaks, Oxnard, Ojai, Newbury Park and other cities in the county of Ventura buying a house with no money down is possible.  However, the no money down programs  (Zero Percent Down) are for Veterans of the U.S. Military that qualify for a VA loan.  The loan amount on a VA loan in Ventura County is roughly $636,150.  Therefore, a Veteran can buy a house up to the qualified loan amount with no money down.  Any amounts over the threshold of $636,150.  For more info on VA loans or a VA realtor contact Dave Crowell American Dream Realty.

Another method of buying a house with no money down is through a USDA loan no down payment program.  However, the applicant must meet certain income and credit requirements and must fall within the rural parts of the county such as Fillmore and Piru.

In Summary, it is possible to buy a home with no money down through either the VA or USDA loan programs.  For more information, or to buy or sale a home, please contact Dave Crowell, American Dream Realty, 805-300-3345.  Ventura Counties and Camarillo's Top Producing Realtor or visit are website at mycamarilloproperties.com