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Archive for the Category »05 Mortgages «

Just twenty years ago, a potential homebuyer had to put five percent down, and there were no ”no-closing cost” loans. The menu of adjustable rate mortgages were limited and those who had bad credit had to pay interest rates approaching 20.0%. Today, we have ”no-money down” programs, no point mortgages and affordable alternatives for those with hard to document income and those with uneven payment histories.

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