1% Down Mortgage It’s back! As of April 12th, 2023, the Buy a Home with 1% Down! You have 1%, the lender contributes 2%, giving you 3% Equity at closing-Available w/No monthly Mortgage Insurance option is back!! This program is only available for a limited time, so contact your local mortgage broker MLS Mortgage today! […]
USDA Rural Development Loans MN : Zero Down, 100% Financing USDA Home Loan from USDA Rural Development. USDA Home Loan The USDA Home Loan is a popular option for home buyers desiring 100% Financing. USDA Rural Development assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and […]
100% FHA! Conventional 1% down mortgage + 2% down payment assistance! What are Low Down Payment, First Time Home Buyer Programs 2019? First Time Home Buyer Programs 2019 Edition What are the low down payment mortgage and first time home buyer programs available in 2019? VA still offers 100%, zero-down financing. But what if you’re not […]
Private Mortgage Insurance It’s easy to think of Mortgage Insurance as an unnecessary evil since it only protects the lender. Decide for yourself: Quick Facts Private Mortgage Insurance is required when you have a Conventional loan with less than 20% down payment. Abbreviations are often used in the industry: MI for Mortgage Insurance PMI for Private […]
FHA lowering Mortgage Insurance – Not Anymore… UPDATE! HUD previously announced on January 9th, they would lower FHA Mortgage Insurance. Information below for reference. Shortly after the new President was sworn in on January 20th, the Trump administration halted the MI reduction. Mortgage Insurance will retain their previous premiums per the January 20th, Mortgagee Letter. FHA […]
VA Home Loan Are you familiar with the VA Home Loan Guaranty Program? I was shocked to discover (from a recent VA survey) that 1 out of 3 Veterans are not familiar with it. Only available to U.S. Veterans, the Federal Loan offers many benefits, including: No Down Payment Required! (100% Financing for Eligible Veterans) Favorable […]
Mortgage Article Published – Low Down Payment Mortgage Options Another of our home mortgage news articles have been published. Originally from our “Low Down Payment Mortgage Options” articles, it was revised and published in Angie’s List. Check it out below:
