Subprime Mortgages – Low Down Payments And No Pmi

Sub-prime mortgages offer financing for those with poor credit to finance the purchase of a home. Today�s sub-prime mortgages offer low down payment options with no private mortgage insurance (PMI). As a result, more people are finding it easier to buy a home.

Sub-prime Mortgage Options

Sub-prime mortgages come in as many flavors as conventional loans. Just like with a conventional loan, low down payments or zero down will increase your interest rate. However, you have …

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Subprime Mortgages – How Large Of A Down Payment Do You Need?

Subprime mortgages offer more flexibility with down payments than conventional home loans. You can choose to put nothing or over 20% down. And with a subprime mortgage, you don�t have to worry about paying private mortgage insurance.

Zero-Down Mortgages

Zero-down mortgages allow people with little money for initial costs to buy a home. Even with a zero-down mortgage you can expect to pay loan fees and points, which can still add up to a couple of thousands. However, the…

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