Home Buying Programs for Teachers with low down-payments in Franklin Park NJ.
By Tony Busanich, 1-4 FAMILY HOME LOAN SPECIALIST
(TD Bank)
Home Buying Programs for Teachers with low down-payments in Franklin Park NJ.For teachers seeking to find a loan with a low down-payment, there are multiple options available that can make the home buying process much easier. Not all of these will be applicable to everyone though, so it’s important to read through them and determine your eligibility. Here are some of the most popular programs, how they can help, and what it takes to qualify. CRA- Lenders are moving to CRA Community Reinvestment Act loans. This option may be better for some homebuyers and people looking to refinance a traditional FHA loan. One Out of every five buyers, chooses an FHA loan, with more options being availability this may shortly change. CRA loan are becoming popular because it requires just 3.5 % down payme...
Comments
19