First a disclaimer. This is a simple and easy way to know. Yes, there are other options and this and that, but this is a quick "how to tell" if you are talking to a good buyer.If you have 700 or … [Read more...]
100% Financing, No Down Payment, USDA Loan for Chameleon Lending, and the Chameleon=aire
Lets step away from the so controversial "Bailout" talk for a minute. This is an industry for Realtors and Lenders that are willing to change right now. As water runs from a wide space to a tight … [Read more...]
Banker 3% Down Payment for Conventional Loans
RMIC is a mortgage insurance company that makes it possible for families to put down as little as 3% on a conventional purchase or refinance. Without mortgage insurance, lenders won't risk one loan … [Read more...]
FHA Down Payment Requirement Increases…Effect First Time Home Buyers in Frisco
It's been talked about and it's not necessarily brand new information, but FHA down payment requirement is going up to 3.5%. No longer will closing costs be considered as part of the amount of money … [Read more...]
