Category: Types of Loans

Are No-Closing-Cost Mortgage Loans Still Available?

Reader Question: “I do not have a lot of money to pay for closing costs on a mortgage. I have heard that in the past some lenders offered loans with no closing costs for first-time buyers. Are these still available? And if so, where would I go to find them?”
Whether you realize it or not, [...]

Home Loans for People With Bad Credit - Gone for Now

Reader Question: “I know a lot has happened over the last couple of years, as far as banks and lenders go. So I was wondering if there are still home loans available for people with bad credit scores?”
You’re exactly right. The mortgage industry has changed a lot over the last year or two. For one [...]