The recent cratering of the real estate market both in the residential and the commercial spheres has dramatically altered how buyers will approach mortgages and home loans at present and for the foreseeable future. The game has changed and the days of no-money-down mortgages, or “NINJA” mortgages, are long gone. Determining how much to put [...]
Read the full article →
Before the economic crisis hit, the majority of home buyers wholeheartedly supported no money down home loans. However, it seems that following the economic crisis no money down home loans have been taking metaphorical beatings from all angles. Frankly, the condemnation of the no money down home loan is uncalled for. The problem is that [...]
Read the full article →