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  2. Zillow to offer a 1% down payment loan program - AOL

    www.aol.com/zillow-offer-1-down-payment...

    For the Zillow program, by reducing the down payment burden to 1%, a home buyer looking to purchase a $275,000 home in Phoenix who makes 80% of their area’s median income and saves 5% of their ...

  3. First-time homebuyer guide - AOL

    www.aol.com/finance/first-time-homebuyer-guide...

    First-time homebuyer programs offer mortgages with low down payment requirements and other favorable terms or assistance. ... As you shop for listings on Zillow and other real estate websites ...

  4. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    HomePath Ready Buyer Program. Fannie Mae’s HomePath ReadyBuyer program is geared toward first-time buyers interested in a foreclosed home. After taking a required online homebuyer education ...

  5. Second mortgage - Wikipedia

    en.wikipedia.org/wiki/Second_mortgage

    For the same reason, existing homeowners have access to greater home equity, which can be used as a source for additional funds by opening a second mortgage. In aggregate, as the prices in the real estate market continues to rise, the demand for second mortgages and other non-traditional mortgage products tends to increase. [25]

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The FHA does not make loans. Rather, it insures loans made by private lenders. [21] The first step in obtaining an FHA loan is to contact several lenders and/or mortgage brokers and ask them if they are FHA-Approved by the U.S. Department of Housing and Urban Development to originate FHA loans.

  7. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...

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