down payments

BobMortgage Zone: A 3 Percent Mortgage? It’s Possible

By Joanna England / May 10, 2018 / 0 Comments

More and more people are getting into the market for a new home, but finding a qualifying mortgage product inside their budget can be a challenge. What do you do when you need housing but you’ve not saved enough for a big down payment?  In today’s BobMortgage Zone broadcast, our most-trusted mortgage expert, Bob Johnson […]

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BobMortgage Zone: Where Can Down Payment Money Come From?

By Joanna England / January 26, 2018 / 0 Comments

The first hurdle that a homebuyer must surmount is the down payment on their mortgage. A tidy some with all of those zeroes, due closing, can be really intimidating for first-time buyers. Where can you get all that cash to secure the home of your dreams? Our most-trusted mortgage adviser, Bob Johnson (AKA BobMortgage), tells […]

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Should Parents Help Children Buy Their First House? 1 in 17 Silver Spooners Do Get Some Help…

By Candy Evans / May 24, 2016 / 1 Comment

Did your parents help you buy your first house? I know that down payment money is not supposed to be “borrowed,” but it can be a cash gift. Of course, with a Fannie Mae loan, you can put down as little as 3 percent for a down payment, but there are strict limits on the […]

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