Even With Bad Economy - Government Still Providing Home Loans With Only $100 Down Payment

The current "Credit Crunch" has eliminated home mortgages for all but the best credit borrowers and requires a larger down payment - or has it? Mortgage expert Tim Kleyla shows how five little-known government programs are opening up doors for homebuyers throughout the country.

Holland, MI (PRWEB) January 30, 2009 -- The economic meltdown and resulting credit crunch has eliminated home mortgages for all but the best credit borrowers and requires a larger down payment - or has it? Mortgage expert Tim Kleyla shows how five little-known government programs are opening up doors for homebuyers throughout the country.

"In the midst of this economic crisis, the government has opened up the doors to homeownership with some amazing programs" says Kleyla, a 20-yr. mortgage veteran and past-President of the Michigan Mortgage Brokers Assn. "There has never been a better time to buy a home, especially when you can get it for a $100 down-payment through these government programs"

The government is on a mission to get people into homes and solidify home values. They have created some great opportunities and advantages for homebuyers like never before:

• $100 down-payment program for certain qualified homebuyers

• 50% discount on certain foreclosures through the government

• Rehabilitation loans that allow up to 110% financing for purchase or remodeling under a special government program

• 100% financing on many 2-3 bedroom properties throughout western Michigan

Tim has prepared a special report "Five Ways to Take Advantage of Government Financing for Buying a New Home in 30 Days for Less Than $500!" that explains how people in west Michigan can tap into these programs. It is available at no cost at www.MichiganHomeProgram.org. Tim is a 20-yr. mortgage industry veteran and CEO of The Mortgage House, based in Holland, MI, and has been interviewed on radio, and print, and has authored several articles. He'll provide your audience with an "insider look" at specific strategies for saving money and time on becoming a homeowner, and provides an informative, look into the world of finance. To reach Tim for an interview or call-in session, call (616) 392-2290.

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