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Mortgage 101 (Buying Your First 2- to 4-Flat) #19

By
Real Estate Agent with Chicagoland2to4Flats.info

4e. Choosing the Right Type of Loan

The fifth type is:

NOTE:  This may only apply to better, easier times.  This may not be available now.

 

Visit our website to read more about Chicago multi-family homes: multi-units with two or more flats.

Greg Zaccagni
The Federal Savings Bank - Wheaton, IL
Illinois Mortgage Lender

Bill:

You are correct about payment option loans being unavailable.  Here is my blogs on these for you consideration.  How is the new full doc requirements working for the landlords you work with?

 http://localism.com/article/111339/Payment-Option-Below-Market-Mortgage-Rates

http://localism.com/article/565920/Pick-A-Pay-Payment-Option-Loans

www.GregZaccagni.com

 

Jul 04, 2008 11:58 AM
Bill Bein
Chicagoland2to4Flats.info - Chicago, IL

Thank you for your attention.

Jul 05, 2008 03:40 AM