home buying: Buying a House with a Small Down Payment? It CAN Be Done!
- 12/19/13 12:49 AM
Buying a House with a Small Down Payment? It CAN Be Done! Joseph Christopher, Yahoo Contributor Network With the mortgage industry collapse, lending has tightened up to level we haven’t seen since the 1980′s. Gone are the proliferation of no money down mortgages, and for good reason, but that does not mean that the average buyer cannot buy a property with little or no money down. Here’s how:FHA This is an old standby. FHA loans require the buyer to only put 3% down. Compared to the average conforming loan down payment requirement of 20%, this is an easy choice. Do remember that FHA … (1 comments)
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Buying a House with a Small Down Payment? It CAN Be Done! Joseph Christopher, Yahoo Contributor Network With the mortgage industry collapse, lending has tightened up to level we haven’t seen since the 1980′s. Gone are the proliferation of no money down mortgages, and for good reason, but that does not mean that the average buyer cannot buy a property with little or no money down. Here’s how:FHA
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