No-Down-Payment Loan Programs
There are programs to help when you don't have the down payment to buy a home. With today's high real estate prices, struggling to come up with a 20 percent down payment to buy a home can be a daunting task. Fortunately, there are options that can help. Many lenders now offer non-traditional no-down-payment mortgages or second mortgages to cover the cost of a down payment.
With a no-down-payment mortgage, 100 percent of Read More...
Ways Of Coming Up With A Down Payment
When investing in real estate one important thing you should know is ways of coming up with a down payment. One way of coming up with a down payment when investing is pulling the down payment from the equity in another property that you own. If doing this it is important to make an assessment on how much it will cost to refinance and how much it will cost to close the new property. If you can't afford the closing cost you can ask the bank if you Read More...
Mortgage Payment Protection Insurance And Your Needs
When homeowners think of insurance, mortgage payment protection insurance (MPPI) is usually one of the last they think of, if they actually think of it at all. Although most homeowners believe it of paramount importance to protect their personal belongings and the structure of their home, especially in the wake of the recent flooding around the UK, they do not think about what may happen if they no longer have a roof over their head. In truth, ho Read More...