Smart Borrower Articles

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 doesn’t 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.