Those days when it was possible to get full mortgage loans for buying new houses without any down payment are long gone. After the subprime crisis that shook the real estate market, lenders only offer mortgages for purchasing a new house if you have paid part of the purchase amount from your pocket. [Read more…]
0 Down Home Loans
Due to the current recession that is happening globally, many potential homebuyers are having a very hard time in purchasing their dream house. This is the case because a lot of them are not able to save enough money that is needed for a down payment. Fortunately there are 0 down home loans that are made being available so to be able to aid these aspiring buyers. [Read more…]
Mortgage Loans with no Down Payment
Banks and financial institutions sell mortgage loans in the open market. Mortgage loans are available for individuals as well as for companies. Mortgage loan is considered to be highly secured form of loan and it is given for a longer period of time. Interest rates are also based upon several factors other than the total amount of loan and the time taken for repayment. [Read more…]
