down payment assistance: Home Lending takes a giant leap back to 1999!
- 10/28/08 02:52 AM
Buying a home these days is much like buying a home 10 years ago. It’s almost as if those heady days of exotic home loans with nothing down, stated income and no documents never existed. You have to have decent credit (580 credit scores and above) a down payment and verifiable income. Bottom line: it’s 1999 all over again. Down Payment Assistance You can still get down payment assistance from at least one source in Colorado. They provide a very low interest rate 2nd loan for down payment, but there are income and family size restrictions. FHA Low down payment, the … (1 comments)
Buying a home these days is much like buying a home 10 years ago. It’s almost as if those heady days of exotic home loans with nothing down, stated income and no documents never existed. You have to have decent credit (580 credit scores and above) a down payment and verifiable income. Bottom line: it’s 1999 all over again.
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