Zero-Down Mortgage Loan

Short on Cash for Your Down Payment?

You can afford the monthly house payment. It’s coming up with 20% down or even 5% down that’s the struggle. Introducing our Zero-Down Mortgage which could help as it requires:

  • No Money Down
  • No Private Mortgage Insurance (PMI)

It’s available on the following properties:

  • Single family detached, townhouse, condo, or duplex
  • Located in VA, MD, DC
  • Primary residences only
  • Any purchase price including greater than $636,150 (i.e. “jumbo” loans), up to $1,000,000

We’re able to help you without the usual required down payment as we structure your loan into two loans:

  • 80% of the loan into one loan at a fixed rate
  • The rest of the loan (20%) into a second loan at a fixed rate

As a borrower, we’ll require a credit score of:

  • 680 with a Debt-to-Income ratio no greater than 40%
  • 730 with a Debt-to-Income ratio no greater than 45%

For more information: mortgages@arlingtoncu.org or 703.526.0200 x465