Anonymous
Posted on: 28th Jun, 2005 11:42 pm
can anyone please say what is zero down?
Hi Kate,
Welcome to MortgageFit forum.
"can anyone please say what is zero down?"
Zero down mortgage generally works like a conventional mortgage but the only difference is that the down payment is waived. Your total loan value will be the amount of your house purchase and your monthly payments. You need to have clean credit record and a stable work history.
Waiting to receive further queries.
Regards,
Jessica
Welcome to MortgageFit forum.
"can anyone please say what is zero down?"
Zero down mortgage generally works like a conventional mortgage but the only difference is that the down payment is waived. Your total loan value will be the amount of your house purchase and your monthly payments. You need to have clean credit record and a stable work history.
Waiting to receive further queries.
Regards,
Jessica
