| 1. |
First-time homebuyer programs
There are many programs available to make it easier for you to become a homeowner. |
| 2. |
Low-credit score loans
You can still get a good rate on your mortgage with less-than-perfect credit with an FHA loan. |
| 3. |
Buying a home with a low down payment
Looking for a mortgage that doesnt require a 20 percent down payment? Here are some options. |
| 4. |
Buying a home with a shared-equity mortgage
Shared-equity financing can make buying a home more affordable. |
| 5. |
80/10/10 financing
80/10/10 financing can get you into a home with a lower down payment but still avoid PMI. |
| 6. |
Mortgages: It's NOT all about the monthly payment
Factors other than your monthly payment should be considered when choosing a home loan. |
| 7. |
Borrowing money from family and loved ones
Here are some helpful tips if you're considering borrowing money from your family rather than a financial institution. |
| 8. |
PMI may be tax deductible
Federal government allows tax break for private mortgage insurance. |
| 9. |
The second trust (piggyback) loan
If you can't come up with a 20 percent down payment, a piggyback loan may help. |
| 10. |
Low down payment? A piggyback loan or PMI can help
Sans a 20-percent down payment, you'll need to pay for either a second loan or lender's mortgage insurance. |