Are you trying to purchase a home, but do not have a large amount of assets set aside for a down payment? In the past few years, it might have been difficult to find a loan without at least 20 percent down, but recent changes in the guidelines are bringing 100% loans back to the market. If you are interested in getting a home while not putting anything down, these loans could … [Read more...] about The Types of 100% Down Loans
usda loans
USDA Loan Boundary Changes October 2013
The USDA loan is popular with many people who are interested in buying a home because it is one of the few loan products that offers true 100% financing and has no mortgage insurance. Those are 2 of the most popular reasons that people love it - so why doesn't everyone have a USDA loan? Because USDA guidelines require that the home is located in an area that is designated a … [Read more...] about USDA Loan Boundary Changes October 2013