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2. Guide to no-down payment mortgages: Am I eligible? - AOL

   www.aol.com/finance/no-down-payment-mortgage...

   United Wholesale Mortgage, for example, offers lower- to moderate-income borrowers conventional mortgages paired with a no-interest, payment-deferred loan that covers a 3 percent down payment on ...

3. How to buy a house with low income - AOL

   www.aol.com/finance/buy-house-low-income...

   Also, your income can’t exceed 115 percent of the AMI, and you’ll pay mortgage insurance with this loan, too, in the form of an upfront guarantee fee and then annual fees. Good Neighbor Next ...

4. Best lenders for low- and no-down payment mortgages in 2024 - AOL

   www.aol.com/finance/best-low-no-down-payment...

   Availability: All U.S. states Loans offered: Conventional, jumbo, FHA, VA Credit requirements: 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans Down payment minimum: 3% for ...

5. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   Take for example a house that was purchased for $160,000 but is now worth $100,000 due to the market decline. Further, assume the homeowner owes $120,000 on the mortgage. In this scenario, the loan-to-value ratio would be 120%, and if the homeowner chose to refinance, he would also have to pay for private mortgage insurance.

6. Mortgage industry of the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_industry_of_the...

   No doc loans were popular in the early 2000s, but were largely phased out following the subprime mortgage crisis. Low-doc loans carry a higher interest rate and were theoretically available only to borrowers with excellent credit and additional income that may be hard to document (e.g. self-employment income). As of July 2010, no-doc loans were ...

7. Affordable housing - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing

   An index over 100 signifies that family earning the median income has more than enough income for a mortgage loan on the median-priced home (assuming they have a 20 percent down payment). [30] For example, a composite HAI of 120.0 means a family earning the median family income has 120% of the income necessary to qualify for a conventional loan ...