|
All agents are NOT alike! Find out why we are top real estate experts. Call us: Susan at 216-533-1040 or office 330-278-7322.
|
Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >
|
"Because of her earnest efforts, our home was shown to numerous buyers and was successfully sold in a month"
"Sincerely, Eddie & Delores Green"
Read Quote >
View All Quotes >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Bradley Real Estate Team are some
of The Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
We Guarantee Your Satisfaction!
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
|
|
| Q |
What is considered the world's tallest building?
|
| A |
The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERTS™ 
