Benefits of a Low Down Payment

Today it seems that everyone wants a low-down-payment loan. The popularity is not surprising because low-down-payment loans:

  • Enable you to keep your cash for other investments
  • Allow you to get the maximum tax benefits from your mortgage payments
  • Make it easier for you to get the larger home
The downside to low-down-payment loans is that they usually come with a higher interest rate and require you to purchase private mortgage insurance (PMI).

However, many of our low-down-payment loan programs do not require you to purchase private mortgage insurance, and they have some of the lowest rates in the country.

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