April 2, 2018 | Mike Russell
The real estate market in Johnson County Kansas has been on the rebound for about 3 years now but many would be buyers have been squeezed out of the market for one major reason. That reason being a lack of a down payment and/or closing costs. If you are like many first time buyers, you have enough income and a high enough credit score to qualify for a home loan, it is just that pesky down payment that stands between you and that first home.
Well we have good news for you, there are 3 programs that you can use right now to purchase a home without a down payment or closing costs.

Kansas Down Payment Fund: The Kansas Downpayment Assistance program provides up to 5% of the homes purchase price towards your down payment and closing costs. This program allows you to purchase a single family home, condo, townhouse or a Duplex (as long as you live in 1 side). This program works with FHA and VA and does not require perfect credit to qualify.

Search All Johnson County Homes For Sale Now

Local Bank 0% Down Loans: There are now several local lenders who are offering loans that do not require a down payment.These loans generally require a little higher credit score but are a great opportunity to purchase that first home without a down payment if you qualify.

USDA Rural Development Loan Program:The USDA Rural Development loan program is one of the most underused programs out there. This program provides loans without a down payment in the Johnson County cities of Gardner, Spring Hill and DeSoto. The loans are government backed and allow for less than perfect credit.

If saving for a down payment has been holding you back from buying that first home, give us an opportunity to get you qualified for one of the above programs.

You can Call 913-266-5828 now to start the qualification process or fill out the form on the right and we will contact you to get the process started.


You message has been sent!

Send us a Message

You agree to receive automated promotional messages from Mike Russell Real Estate Group, Keller Williams Realty Partners Inc. regarding real estate information and education.Click here for terms and privacy policy. Message frequency varies. To opt out of receiving messages from me, text STOP to cancel. Reply HELP for help. Message and data rates may apply.