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

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

    Insured by the Federal Housing Administration (FHA), an FHA loan requires only 3.5 percent down with a credit score as low as 580. (If you have a credit score between 500 and 579, you’ll need a ...

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

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

    Down payment minimum. Bankrate Score. PenFed Credit Union. 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans. 3% for conventional loans, 3.5% for FHA loans, none for VA loans. 4.7 ...

  4. How to get a business loan with no money - AOL

    www.aol.com/finance/business-loan-no-money...

    Pay attention to cash flow and assets. Most lenders need you to show a current flow of revenue or capital to get a loan. But some loans look beyond cash flow. Accounts receivable financing lets ...

  5. Balloon payment mortgage - Wikipedia

    en.wikipedia.org/wiki/Balloon_payment_mortgage

    A balloon payment mortgage is a mortgage that does not fully amortize over the term of the note, thus leaving a balance due at maturity. [1] The final payment is called a balloon payment because of its large size. [2] Balloon payment mortgages are more common in commercial real estate than in residential real estate today due to the prevalence ...

  6. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    No income, no asset. No income, no asset (NINA) [1] is a term used in the United States mortgage industry to describe one of many documentation types which lenders may allow when underwriting a mortgage. A loan issued under such circumstances may be referred to as a NINA loan or NINJA loan . NINA programs are ostensibly created [2] for those ...

  7. Graduated payment mortgage loan - Wikipedia

    en.wikipedia.org/wiki/Graduated_payment_mortgage...

    A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame. These plans are mostly geared towards young people who cannot afford large payments now, but can realistically expect to raise their incomes in the future. For instance a medical ...

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