Yes these types of loans ARE still available & they have amazing perks!
- No Down Payment Required
- No Monthly Mortgage Insurance Fee (lower monthly payments)
- No Upfront Mortgage Insurance Premium
- Super Low Interest rates
- Typically priced below Market Value
Check out www.HomeFinderAlaska.com" title="Home Finder Alaska" target="_blank">Home Finder Alaska to get additional information on this loan program and to see which homes qualify.
home loan Information is relevant and totally up to date as per the present market scenario.
ReplyDeleteHome Loan Banks
Saving money for a downpayment is a big stumbling block for those who are planning to buy a house. Although a no-money down home loan makes homeownership more accessible to home buyers with fewer savings, some can carry a higher interest rate compared to putting a 5-20% downpayment upfront. As such loans classify you as high-risk borrower, you could also be getting a repayment period that is longer than usual.
ReplyDeleteRegards,
David from Mybondquotesa.co.za