A Conventional loan is a home loan program that is not backed by a government agency, but has many of the benefits that government loans have to offer and, more. Conventional home loans come in several different varieties; whether you are a first-time homebuyer, looking for an investment property, or wanting to refinance your current…
Tagged: Down Payment
If you are saving up to buy your first house or wonder if you have enough equity to trade for another, you may be relieved to know that for most buyers there are still low down payment options available. $0 Down: VA (Veterans Administration) and USDA (US Department of Agriculture) both offer zero down loan…
MHDC which stands for Missouri Housing Development Commission has made some modifications to all loans reserved on March 2, 2015. MHDC has been a great option for first-time homebuyers for down-payment assistance and helps with some of the closing costs. Prior to the new changes, the MHDC down-payment assistance program was offering 3.5% as CAL…
