Shopping for low-down payment mortgages in Sayreville NJ, what you need to know.
By Tony Busanich, 1-4 FAMILY HOME LOAN SPECIALIST
Shopping for low-down payment mortgages in Sayreville NJ, what you need to know. You now want to buy a home and need a low-down payment program or lender. You would think it would be easy to call around to mortgage companies and ask, “What is today’s interest rate for a low-down program”. There are a few misconceptions that many have when shopping for low-down payment programs: That all lenders have one basic in the same rate that they offer. That big lenders or big banks have better rates than smaller lenders and can give discounts. Because my bank is servicing my checking and saving accounts this means that’s how they can offer lower rates. Since this is my first home I automatically qualify for a low-down program. I owned a home 4-5 years ago I’m disqualified from any kind of progra...