Zero Down Mortgage Info » zero down

Amortization vs Term Explained by Vancouver Mortgage Broker Mark Fidgett

admin — Fri, 30 Jul 2010 19:54:18 +0000

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains the the difference betwenn amortization and term

Duration : 0:2:38

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Cash back for free down mortgages are Boiler Makers of mortgages

admin — Thu, 22 Jul 2010 11:13:11 +0000

Cash back or Free Down are the Boiler Makers of Mortgages by Phil “the Mortgage Professor” 403-630-7952

Duration : 0:5:42

Technorati Tags: beer, cash back, free down, home ownership, home ownership faster, mortgage penalties, no equity, qualification, rye, zero down

Mortgage Process Saves client $2,358 per month Explained by Vancouver Mortgage Broker

admin — Mon, 19 Jul 2010 14:45:12 +0000

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains how he just saved his client $2,358 per month. Why pay the bank more than you have to?

Duration : 0:4:7

Technorati Tags: Buy Home, Buying Home, Buying House Mortgage, commercial mortgages, financing, Financing Home Vancouver, First Time Buyer, Home, home mortgages, Mortgage, Mortgage Calculator, no down, Purchase House Mortgage, rates, refinance, Refinance Mortgage Vancouver, refinancing, Renewal, vancouver, zero down

Tim & Vicki’s zero down explained by Vancouver Mortgage Broker Mark Fidgett

admin — Wed, 14 Jul 2010 00:06:20 +0000

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains the buying process with ZERO DOWN

Duration : 0:3:29

Technorati Tags: BC, Buy Home, Buying Home, Buying House Mortgage, commercial mortgages, financing, Financing Home Vancouver, First Time Buyer, Home, home mortgages, Mortgage, Mortgage Calculator, no down, Purchase House Mortgage, rates, refinance, Refinance Mortgage Vancouver, refinancing, Renewal, vancouver, zero down

Mortgage Process Explained by Vancouver Mortgage Broker

admin — Sat, 19 Jun 2010 20:35:03 +0000

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains the most important part of the mortgage process

Duration : 0:1:53

Are Interest Rates Going up with mortgage broker Mark Fidgett in Vancouver BC

admin — Mon, 14 Jun 2010 08:47:03 +0000

http://www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, How to by Google

Duration : 0:0:30

Technorati Tags: BC Mortgage rates, Buy Home, Buying Home, Buying House Mortgage, commercial mortgages, financing, Financing Home Vancouver, First Time Buyer, Home, home mortgages, Mortgage Calculator, no down, Purchase House Mortgage, refinance, Refinance Mortgage Vancouver, refinancing, Renewal, vancouver, zero down

BC Mortgage Property Tax Deferment Program Explained by Vancouver Mortgage Broker Mark Fidgett

admin — Wed, 09 Jun 2010 04:03:10 +0000

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains The British Columbia Property Tax Deferment Program

Duration : 0:2:59

Can I Still Buy with Zero Down Payment?

admin — Tue, 01 Jun 2010 03:34:55 +0000

http://LeahCoss.ca
Hi everyone. How are you? It’s Leah Coss with the mortgage center and I still get asked, “Is there such thing as zero down when I want to buy a home?” Quick answer is no. Its government mandate you must put a minimal of 5% down unless it’s a rental property in which case you need to put 20% down. And then there is internal policies that if you are going to use a stated income program where you’re self employed, you must put 10% down.
OK. Those are cut and dry rules, there’s not real way around that. The only time that we can say its like zero down is with these cash back options. And there are few of the banks offering cash back. Now how does that work?
Well basically what they’re going to do is they’re going to give you 3% or 5% back of the price which is basically through allowing you to use that cash back as a down payment. Now of course, they’re not just going to give you money otherwise everyone would take this program regardless of whether they needed the 5% down or not.
What they do to compensate for that money that they are giving to you up front is they charge you a higher rate. Then this is where you really need to have your broker go through the numbers with you, because it’s not always a great situation. In some cases it will be like now can you just eat Kraft dinner for the next few months and save up these extra few thousand dollars to do the full 5% yourself.
Because unless there’s a promotion, which sometimes they are, they’re great promotions where there’s a lower percentage point for like 3% cash back. Then I wouldn’t recommend doing it because the amount that they’re charging you is so substantially higher, you just end up getting screwed for the rest of the term of the mortgage. So make sure that you go through all the numbers.
The quick answer to the question is no there’s is no such thing as zero down, but the banks will give you the 5% if you want as a cash back that you can use as the down payment, which they will accept.
It’s obviously difficult to qualify for that because they still want to make sure that you are capable of saving money and paying the loan back. But it is an option.
So if you have questions about that feel welcome to give me a call. Otherwise, I guess I will be talking to you soon.
http://LeahCoss.ca

Duration : 0:2:33

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Episode 12: Zero Down Mortgages

admin — Sat, 29 May 2010 16:22:59 +0000

Visit http://MortgageStuff.tv to comment on this video. Zero down mortgages are still alive and well in Canada in the form of a cashback incentive. 95% + 5% still equals 100% in our books. Watch this short video for more detail. Comment below with any questions or concerns.

Duration : 0:2:16

Technorati Tags: Canada, cashback, Mortgage, no money down, zero down

Rocky Hardie’s Surprising Discovery

admin — Tue, 13 Apr 2010 21:16:01 +0000

With all the doom & gloom in the housing/financial news, most people believe that it’s impossible to buy a home with an extremely low down payment.

Rocky Hardie–Austin, Texas’s #1 Government Home Loan Expert–went on a mission to find out what could be done to help area home buyers. Deep down in the tool kit, he re-discovered a little-used government program that allows people to purchase deeply discounted properties with almost nothing down!

Watch this short clip to learn more…

Duration : 0:2:19

Technorati Tags: austin texas, banking, bonds, credit cards, fha, finance, home buyer, homes in Austin, HUD, Mortgage, rates, Real Estate, rocky hardie, rural development, USDA, VA, zero down