Mortgage and real estate news this week: Lenders roll out 1% down mortgage
Bankrate
2 days ago
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Mortgage and real estate news this week: Lenders roll out 1% down mortgage
Mortgage
In the news this week: Two of the nation’s biggest mortgage lenders now offer 1 percent down mortgages, plus tips to rate-shop without harming your credit
Who qualifies for the new 1% down mortgage?
Rocket Mortgage and United Wholesale Mortgage now offer variations of a mortgage that only requires 1 percent down. Not everyone can apply for this low-down payment loan, though. Here are the details.
How to compare mortgage rates without dinging your credit
Studies show that comparing rate offers can save you thousands in the long run, but there’s a right way to do it so your credit doesn’t take a hit. Here’s what to know.
Your mortgage forbearance is ending — now what?
If you’re still weathering financial difficulties, there might be options for you even after your forbearance period ends. Explore more types of relief in this guide.
I can get a VA loan, but I also qualify for a conventional one. Which is better?
Even if you’re an eligible veteran, you don’t necessarily have to get a VA loan if you qualify for a conventional mortgage. Compare your options here.
Weighing the pros and cons of a reverse mortgage
A reverse mortgage can be a valuable tool for seniors, but it isn’t free money. Understand the advantages and drawbacks here.
