50% down and no Mortgage Payment?

50% down and no mortgage payment?  Yes, that's right! Buyers 62 and older can purchase a primary home for approximately 50% down and make no mortgage payment.

Must pay taxes, insurance and assocation fees as applicable. Programs are subject to age, appraisal, proof of adequate funds for down payment and program guidelines. No co-ops, resort condos, second or investment homes. Condos must be HUD approved. If it's not approved, call us to find out how to get it approved. This information came from Ken Engler of Brentwood Mortgage.  Please call them for additional infomation on how you could own a home on Marco Island and not have a mortgage payment at 239-659-1660.