Money Down Strategy

[Guy Heath]

I'm currently living in an apartment and I want to buy my own home to start. I was referred to a couple of mortgage brokers who said I qualify, but I need anywhere from 3.5% to 5% of the loan to move forward! In addition, I am told that these funds need to be "seasoned" at least 60 days.

I'm a little taken back by this! I'm talking about a home I'm going to move into, not an investment property. Foreclosure or not, are there strategies for moving into a home that you're going to live in without having to come up with a 3.5% to 5% down payment????