answersLogoWhite

0

What are some advantages of no money down mortgages?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

Some advantages of no money down mortgages include reasonable interest rates and credit requirements. However, the fees do add up since the down payment has to be covered monthly instead of up front.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are some advantages of no money down mortgages?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some advantages of having credit?

some advantages of having good credit is the ability to get more credit. With good credit you are eligible for credit cards, mortgages, and any thing else that requires you to borrow money. With bad credit you can't get loans and you usually pay more for the things you want.


What are some advantages of having good credit?

some advantages of having good credit is the ability to get more credit. With good credit you are eligible for credit cards, mortgages, and any thing else that requires you to borrow money. With bad credit you can't get loans and you usually pay more for the things you want.


How can one compare buy to let mortgages?

There are a number of places where one could compare buy to let mortgages, particularly online. Some websites with more information include Money Supermarket and Money Advice Service.


What are the advantages of Wells Fargo mortgages?

There are a few different benefits in getting a mortgage through Wells Fargo Bank. Some of these advantages include convenience, flexibility, and potential tax benefits.


What creditors offer mortgages or refinanced mortgages to individuals with bad credit in the UK?

Some companies that offer mortgages to individuals with bad credit in the UK include GE Money, Precise Mortgages, and Saffron Building Society. These companies offer a variable 24 month mortgage with an interest of around 4.50%.


What are some advantages of opening a hotel?

get more money,


What are some good websites with information on mortgages in the UK?

Good places for mortgage information on-line are Money Supermarket and the Money site. Compare the Market is also helpful. HSBC, Halifax, Natwest, Nationwide and Coventry all sell mortgages and publish the information on their websites.


Advantages for being a doctor?

There are endless advantages of being a doctor. Some of the top advantages would be the money and the satisfaction of helping others.


Why do people get mortgages?

People get mortgages because most people do not have enough money to purchase a home. They must borrow most of that money from a bank. To get approved for a mortgage the borrower must have a good credit history, have been employed for a substantial period of time, have some savings and have no large debts


What are the different types of Home Loan Mortgages available?

There are several different types of home loan mortgages available. Some the many are fixed mortgages, adjustable mortgages, balloon mortgages, and even reverse mortgages. Each has their own benefits and downfalls.


Where can one compare UK mortgages?

If someone wishes to compare UK mortages they can do so in a variety of different ways. Some of these are; Money Supermarket, Money, Go Compare, Compare the Market, Money Facts and Money Net.


How many mortgages in the UK?

Some common type of mortgage from the UK * Graduate mortgages * Professional mortgages * Guarantor mortgages * Joint mortgages with your parents * High loan-to-value mortgages * Mortgages for friends buying together * 100 per cent loan-to value (LTV) mortgages * Mortgages over 100 per cent loan to value (LTV) * Offset mortgages with your parents * Shared ownership and equity mortgages