Overview No and low down payment loans require little or no cash from the buyer at the loans closing. While Private Mortgage Insurance is generally required on any loan with less that 20% equity in the home, some mortgage programs like “Lender Paid MI” allow you to lower costly mortgage insurance. Low down payment programs…
Interest-Only Mortgages: The Facts Overview You’ve heard about interest-only mortgages for years. But do you really understand what they are and who should consider them? Is an interest-only loan right for you? Separate myths from facts and learn how the security of a fixed rate of an interest-only home loan might benefit you. An interest-only…
FHA Loans for Home Buying Overview FHA loans are great for first-time home buyers. Only a 3.5% down payment required. FHA is a perfect choice for those with lower credit or incomes. The FHA Loan Program is the quick way to go FHA. We at The Canto Team makes the FHA loan process painless. It’s…
