Question:

Are there low down payment mortgages?

Answer:

No and low down payment mortgages are available through renowned lenders. Those mortgage products are designed for home buyers who:

  • Have constant high income but are low on savings; are first-time home buyers who have been paying high rent (successfully); and have higher-yield investment and other assets.
  • Have low to average income and high savings.
  • Have recently sold a property and looking for "more house" with low or no down payment mortgage.

Low down payment mortgages allow you to free cash for immediate expenses; buy a real estate property immediately and build equity instead of paying rent; and preserve your lifestyle.

Recommended helpful present and future homeowners links:
Why: Refinance to a fixed rate loan while mortgage rates are still low.
Link:
Why: Because FHA loans are insured by the US Federal Government they have very competitive interest rates and are easier to qualify.
Link:
Why: Know and protect your credit report and score.
Link: See All 3 National Credit Scores & 3 Reports Instantly, Online & Free
Why: Find your next home and save money.
Link: Search thousands of foreclosures. Free 7-day trial.
Link this QnA Print del.icio.us Digg
Was this Mortgage QnA helpful?
Not at all
  • Currently 3/5 Stars
  • 1
  • 2
  • 3
  • 4
  • 5
 Definitely
Add to this Answer

Mortgage QnA is not a common forum. We have special rules:

  • Post no questions here. To ask a question, click the Ask a Question link
  • We will not publish answers that include any form of advertising
  • Add your answer only if it will contrubute to the quality of this Mortgage QnA and help future readers
If you have trouble reading the code, click on the code itself to generate a new random code. Verification Code Above:
Bookmark and share this QnA:

Common misspellings: mortage and morgage