No Downpayment Financing

/No Downpayment Financing
No Downpayment Financing2018-04-13T21:16:32+00:00

Financing through the US Federal Lending Program

A Home Builder You Can Count On

We have been involved with the US Federal Lending Program for more than seven years. There are no gimmicks. We’ve found it to be a great way to help our clients purchase their new custom home.

The Des Moines metro area and its closest suburbs are ineligible for this program. Those ineligible areas include Urbandale, Waukee, Johnston, Altoona, Clive, West Des Moines, Grimes, Norwalk, Ankeny and Altoona. However, all other surrounding communities are eligible, including Mitchellville, Bondurant, Polk City, Granger, Adel, Desoto, Van-Meter, Winterset, Indianola, Carlisle and Runnells.

There are two program options for which you may qualify, depending upon household income:

  • Families of four making under $58,000/year can receive monthly payment assistance, allowing for loans up to $168,000.
  • Families making over $58,000/year up to $110,000, with no loan cap.

Neither program requires a down payment and applicants can obtain 100% financing, including closing costs.

Program Benefits

  • No Down Payment
  • Fixed Interest Rate
  • 30-year Loan
  • Financed Closing costs
  • No Mortgage Insurance
  • No money out of pocket

Our commitment to service and quality has earned us many loyal customers in Des Moines. More than half of Homes By Brill projects have come from their recommendations and we feel blessed to be your trusted home builder in Des Moines.

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