For many homebuyers, putting 5%, 10% or 20% down is just not possible--and in many cases, it's not the best financial choice either. With American Mortgage Specialists' "zero down" programs, the need for a down payment is eliminated--making only a minimal difference in your mortgage payment and allowing you to put your cash toward other uses.

Contrary to popular belief, you don't have to have perfect credit in order to secure a zero down loan--we can help people with all types of credit and income situations. Our personal loan consultants are experts in the field, trained to answer all your questions and make the process as smooth as possible from application to closing.

Here's a quick look at a few of our most popular zero down options:

The "80/20 Loan" with no PMI... The most popular choice, the "80/20" offers low payments, great rates and no private mortgage insurance (PMI) required, thanks to a 80% first mortgage plus a 20% second mortgage.

For "bruised credit"... A credit score in the high 500s still qualifies you for no-money-down financing. Refinancing in 2 years, once your credit score has improved, can lower the interest rate and reduce your payments.

The "103% Loan"... By covering some or all of your closing costs, this program requires the least amount of cash to purchase a home. Includes fixed or variable rate and no prepayment penalty if you have excellent credit.

100% or 107% Loan to Value (LTV)... No PMI. Available on 30- and 15-year fixed-rate programs.

Apply here today. Ask about our Hot Loan Options!