Whether you are a first time home buyer, an investor looking for more investments or an existing homeowner wanting to refinance and establish home equity, Wells Fargo realizes that not everyone has a lot of cash or savings to their name. That is alright. Even if you do not have an overabundance of money you can still find a financial program that fits your needs.

Wells Fargo offers a No Money Down -Plus Program that lets customers with perfect credit finance the entire cost of their home including the closing price and any prepaid expenses. This program allows a loan-to-value ratio up to 103 percent, which means that you can borrow three percent more money than the value of your home. Not only for customers who have a proven credit record that can guarantee their ability to pay off the loan, but it is great for those with good credit who do not have current savings or want to liquidate higher-yielding investments for a down payment.

For those home buyers who have a mortgage lined up but who have a low or moderate income that still makes the down payment difficult to come up with, Wells Fargo has created the Easy-to-Own Wells Fargo Down Payment Assistance Programs. These programs will help you with your down payment with a portion of the cost, and will give you flexible credit in order for you to pay back the loan.

Some homeowners have a steady or high income but do not have a lot in their savings. For these folks it is common to want a low down payment with a higher interested rate or increased payments rather than a large down payment. The normal or common down payment rate is usually ten percent of the home’s value. With Wells Fargo Three Percent Solution Program, people in this predicament can receive a low down payment, as low as three percent, and still have a large or average loan amount. The guidelines are generally lenient and gift funds can be used for the down payment in this case.

For home buyers with little savings and perhaps even some debt, Wells Fargo offers a Closing CostSaver Program. This program gives you assistance with paying your closing costs so you will not have to pay out-of-pocket expenses. You can still choose from a wide variety of loan products for your mortgage and start earning equity without being more in debt up front.

If you have exhausted most of the loan options or you still don’t think the loan options will help you, the FHA loan is a federal loan that helps those with little or moderate income achieve home owning success. This loan requires little out-of-pocket expenses, gives you flexible debt, income and credit requirements to qualify and gives you the option of using gift funds for closing costs and/or the down payment.

If you are a qualified veteran, reservist or in any other kind of military service (or spouse) with approved credit and little or no income you should look into the VA loan offered through Wells Fargo.