Picture supply: Getty Photos Not having insurance coverage might have severe penalties. Key factors Property homeowners are required by mortgage lenders to buy house insurance coverage.Not shopping for ample protection.
The 3 percent down mortgage from Fannie Mae For buyers looking for a low-downpayment mortgage option that’s not backed by the FHA, Fannie Mae has two options — the HomeReady™ mortgage and the Conventional 97..
ANZ Bank is putting some Melbourne postcodes under tougher scrutiny when it assesses mortgage applications as it prepares for a wave of property foreclosures next year when customers default on.
During the housing boom, many banks devised "creative" loans allowing people to borrow money with no down payment and pay low interest rates for the first few years on adjustable.