|
|
Finding the Money? |
|
|
Homes and financing are closely intertwined. (Financing is the difference between the purchase price and
the down payment, commonly referred to as debt or the mortgage.) The good news is that over the years
new and innovative loan programs have evolved which require a 5 percent down payment or less. In fact, a
number of programs now allow purchasers to buy real estate with nothing down. In addition to a down
payment, purchasers also need cash for closing costs (the final costs associated with closing the loan).
Several newly emerging loan programs not only allow the purchase of a home with no money down, but also
underwrite closing costs.
|
|
|
|
What would my payment be?
What would you like?
What is your financial data?
Who are you...?
