How to Qualify for a Mortgage.IN THIS ARTICLE: Topics.Down PaymentLTV - Loan To ValueDebt RatiosCredit ReportA basic truth: A mortgage loan holds your house and land as collateral. But in most cases, a lender does not really want to end up with your house. They want you to succeed and make those mon...

Guide To Low Down Payment Mortgages .IN THIS ARTICLE: Fannie Mae & Freddie Mac 3 percent downFHA 3.5 percent downVA 100 percent financingNew one-percent down programsHow to find low down payment mortgagesIn the years leading up to mid-2007, it was easy to buy a house with no money down as “zero down...

SELLER CONCESSIONS: WHAT ARE THEY AND HOW DO THEY WORK?How to Buy a Home Without a Sale Contingency. IN THIS ARTICLE:Home Equity LoansLow-Down Payment Loans 80-10-10 (Piggyback) MortgageBridge Loans Put simply, a seller concession is when the buyer and seller of a property agree on a purchase price...

What is an FHA Loan? - The Complete Consumer Guide!IN THIS ARTICLE:What is an FHA Loan?FHA Loan RequirementsLow Down Payment and Less Strict Credit Score RequirementsMortgage Insurance RequirementsHow Long Do You Have to Pay FHA Mortgage Insurance?FHA Loan LimitsHow to Get an FHA LoanFHA Loan Intere...

Can I Buy a House with Bad Credit? IN THIS ARTICLE:Getting a Mortgage with Bad CreditWhat Credit Score Do I Need to Buy a House?Fixing or Preventing Bad CreditWhy Were You Turned Down for a Loan?Getting a Mortgage with Bad CreditIf you have bad credit and fear you’ll face a loan denial when applying...

Why Is 20% Ideal for a Down Payment?The minimum down payment required for a conventional loan is 3%. And the minimum down payment for an FHA loan is 3.5%. Some special loan programs even allow for 0% down payments. But still, a 20% down payment is considered ideal when purchasing a home. You may hav...