Tag Archives: Time Home Buyer

Zero Down Mortgage Loans for First Time Home Buyers

Mary Wise asked: Being a First Time Home Buyer can increase the difficulty in the process of obtaining finance, not only due to the lack of credit history that it implies but because of the inexperience and lack of knowledge … Continue reading

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Does anyone understand this home loan?

kiwi asked: I have no clue but friend wants to know first loan is fixed equity loan at 9.850 (104000) second loan is conventional is conventional at 9.3 (26,00) Is this typical? Are the loans both fixed? Should he be … Continue reading

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First time home buyer. How much will the bank loan us?

gidget asked: The house is appraised at $90,000. We are approved for it, however, the seller is only asking $85000 for it. I have no idea about mortgages! This is my first one and I’m wondering if we can borrow … Continue reading

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