“Absolutely NO Down Payment Required”

 “Absolutely NO Down Payment Required”


Not sure if you lend in Maine but I read a blog that you wrote about usda mortgages that require no down payment. We have decent credit, but we are getting tired of paying rent and have nothing to show for it.

We spoke to our credit union, but they said they couldn’t help us. So, let me know if you can assist us or if you can’t maybe you can make a recommendation.




I let Josh know that we lend in Maine and the rest of New England as well, along with New York and Florida. He and his wife were very well qualified and fortunately the family income did not exceed the county limits that were allowed.


As I took them through the qualifying process we estimated that a mortgage payment would be around $1000, about the same as their current rent.

Why rent and collect rent slips when you can have a mortgage, own your own home, take advantage of the interest write off and start building equity?


Who do you know in the 8 states that I am licensed that needs my help?


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 22 commentsJoe Petrowsky • June 21 2016 06:28AM


Prospective mortgage borrowers are in good hands when they use your services.

Posted by Roy Kelley (Realty Group Referrals) over 2 years ago

I'll admit, Joe, I love those VA and USDA loans when I can make them happen for my qualified buyers!

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) over 2 years ago

Hi Joe.  I hope you will be able to help these folks out.  Have a great weekend.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 2 years ago

Good morning Joe. Where there is a will there is a way! Sometimes it just takes longer than desired. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 2 years ago

Good morning Joe Petrowsky,

So glad to hear you made a difference for this family! Now they can live the dream and own their own home!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) over 2 years ago

There are a number of programs that we are seeing with the no down payment option...a good thing with all other parts in check.

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 2 years ago

Good morning, Joe Petrowsky  the power of the internet in spreading the word that you're available to help in 8 states....

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) over 2 years ago

Good morning again Joe. Great story and terrific result too. I think you will hear from these buyers and their friends often.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 2 years ago

Good Morning Joe -  It does not hurt to speak to a mortgage professional to learn all the options.  The banks and credit unions don't work very hard for the buyer.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 2 years ago

II hope home buyers will read this and call you for help in getting a mortgage. 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 2 years ago

Hey Joe Petrowsky Does USDA allow seller contributions so that they could pay the buyer's closing costs too?

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 2 years ago

Hi Joe -- no money down and a mortgage payment of $1000....oh how, I wish.....

It's great that you have the knowledge to help make this happen for so many buyers in the markets you cover.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 2 years ago


So glad these people contacted you, and Joe you have another happy ending story.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 2 years ago

What a great alternative.  I wish we had more properties that would offer a $1,000 a month payment.  Maybe in the 4 corners of Colorado, but not in Denver.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) over 2 years ago

Once again, you saved the day! You're a breath of fresh air and a sigh of great relief for many people who want to buy rather than lease! Keep doing what you're doing because you do it so well! 

Joe, I like that you are solution oriented and you know what works best for individuals without saying, I'm sorry...

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) over 2 years ago

Way to go Joe! I sure they are thrilled with this news!!!!!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) over 2 years ago

I say that all the time...why rent when you can buy? With today's interest rates, real estate is a great investment. 

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) over 2 years ago

Joe these Borrowers were wise to contact you.  USDA/Rural is an excellent loan program.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 2 years ago

Why rent, whe one can buy...a no brainer. If you were in WV, I know some people you could help.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty) over 2 years ago

These folks will love home ownership and will always remember that you are the one that is making it possible for them Joe Petrowsky 

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) over 2 years ago


It makes good sense to stop renting and to buy a home.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 2 years ago

If you have to make somebodies mortgage payment, it might as well be your own!  


Posted by Dan Tabit (Keller Williams Bellevue) over 2 years ago