Borrowers in need of a no-down payment program are in luck with the USDA program. This is the only loan program available with no down payment requirements aside from the VA loan which requires military service. In addition, the USDA program has minimal credit guidelines, giving borrowers with lower credit scores a chance to become homeowners. Another great point about USDA loans is the USDA loan rates because they are very competitive … [Read more...]
Setting up Bi-Weekly Mortgage Payments Yourself
Bi-weekly mortgage payments can save you thousands of dollars in interest. Many lenders/finance companies offer this service, but at a cost. Did you know you can do it yourself? Check with your lender first, but using the steps below, you can make bi-weekly payments. Looking for Current Mortgage Interest Rates? Click Here. What are Bi-Weekly Payments? Don’t let the name scare you. You don’t pay double the mortgage payments. … [Read more...]
