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Home Mortgage Options For First Time Buyers – FHA Mortgages. An FHA Mortgage is a government-insured mortgage loan and is one of the most popular options for first-time home buyers. allowing buyers to purchase with as little as 3.5% down, FHA offers great rates on fixed and adjustable rate products and has a competitive PMI premium. With an FHA loan, a seller can contribute up to 6%.
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First Time Buyer Mortgage Advice | CLS Money – Shared ownership gives first time buyers the opportunity to buy shares (between 25% and 75%) of a new or existing property and pay rent on the remaining portion. With equity loan, the government will lend a new home buyer 20% of the purchase cost, which means you will only need a 5% cash deposit and a 75% mortgage to buy your home.
Why millennials are flocking to FHA mortgages – A new analysis of loans closed during January found 35 percent of millennials – those born between 1980 and 1999 – opted for Federal Housing Administration mortgages to finance their purchases. But.
Katie Cronin- Mortgage Centre Specialist, 680 11th Ave. – The BC government is implementing a down payment assistance program for first time home buyers called the "BC Home Owner Mortgage and Equity Partnership Program". Specifically, under this program, the BC government will match the down payment funds of eligible first time buyers up to $37,500 with a 25-year term second mortgage.
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Tiger Woods was ‘done’ with Tiger, but caddie Joe LaCava wasn’t – Joe and Mary Ann raised three girls and one boy in their modest ranch home. probably the first time I’m sharing this, and I don’t know if he even wants me saying it for a story. But too bad, I’m.