Saturday, May 3, 2014

More Options for Low Down-Payment Loans

More Options for Low Down-Payment Loans
But with rising insurance premiums for loans insured by the Federal Housing Administration, traditionally a popular first-time buyer option, more first-timers are having to look elsewhere for financing their home purchase, The New York Times reports. First-time buyers are looking to special programs through banks, state and local down payment assistance programs, and their own families for assistance in purchasing a home. More lenders are offering low down payment programs. For example

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