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What else can I help you with?
What are the benefits of choosing a first time buyer's mortgage?
First time buyer's mortgages are not for everyone but have a few notable benefits. Namely, the buyer may have to pay a lower initial down payment and they may be offered grants.
What are solutions when government expenditure is high?
Government expenditure can never go down because as soon as they decide that expenditure has to be reduced they oppen a deparment dedicated to that aim and hire another bunch of consultants and that always costs a fortune. before you know it they are entrenched and have become a part of the establshment and have changed nothing as was expected in the first place.
When buying a car if your a first time buyer do you have to put down a down payment?
Depends on the policy (rules) adopted by the seller. It's not a law in most places.
Can you have owned a home and be a first time buyer?
In New Jersey, if you haven't owned a house in the last 3 years, you are considered a first time home buyer and are eligible for the First Time Home Buyer Program funded by the New Jersey Housing and Mortgage Finance Agency (NJHMFA) which offers a below-market, fixed interest rate and can help with your down payment.
Where can one apply for a zero down home mortgage?
There are very few options available for a zero down home mortgage. These loans are often available for qualifying Veterans or Navy personnel but there is usually not many options for the general public. If one is a first time home buyer there are occasionally options for a zero down mortgage. One can pre-apply for this first time buyer loan on the 'First Home Buyers' website.
What is first time new buyer home loan?
A first time new home buyer loan is a loan that is specifically targeted to first time home buyers. Some advantages of a first time home buyer loan include lower down payments, lower interest and lower fees, depending on the company offering the product.
Who can be considered as a first time home buyer?
It i more likely that a first time home buyer is someone that has never bought a home before, either that means that you have never picked out the home or you have and someone else has paid for it. Either way that person would be a first time home buyer. Depending on what state you live in there are factors that could place you in the category of first time home buyer even if you have previously owned a home. In New Jersey, if you haven't owned a house in the last 3 years, you are considered a first time home buyer and are eligible for the First Time Home Buyer Program funded by the New Jersey Housing and Mortgage Finance Agency (NJHMFA). This loan offers a below market, fixed interest rate and can even help with down payment. I would check with a mortgage company in your state to see if there are similar programs available.
How will you decide to Report the following 1 Three vouchers of capital Expenditure are missing?
Whoa!! Calm down Mr Key Word guy with stuff like 'Expenditure' and what not! I don't know the answer!
Can a first time home buyer have a co signer with collateral?
You need the down payment and the other fees. Your co-signer needs very good credit.
Does one have to be a first time home buyer to qualify for an FHA loan?
No, you do not have to be a first time homebuyer to qualify for an FHA loan; however, a first time home buyer is often better suited for a FHA loan as the government insures the loan which gives the buyer a lower interest rate and a lower down payment requirement. You can read more about FHA loans here: http://www.lendingtree.com/mortgage-loans/advice/mortgage-types/fha-loan-eligibility/ Yes, you must be a first time home buyer to qualify for an FHA loan. FHA loans are designed to help first time home buyers to afford their purchase.
Why do sellers care about the down payment?
Sellers care about the down payment because it shows the buyer's commitment and ability to secure financing for the purchase. A higher down payment reduces the seller's risk of the deal falling through and indicates the buyer's financial stability.
Can the first time home buyer credit be used or considered in the financing of the home such as down payment?
No, it cannot. It can make it easier to pay for a home, but will not make it easier to purchase one. :-(
