Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about alliance downpayment assistance: 
Are House Seller Contributions Kosher?
July 10, 2000  ?I offered $289K for a house but was not able to make a down payment.  The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment.   When we sat down to sign the ... more...

Is This Shared Appreciation Mortgage a Good Deal?
Column Delivered October 22, 2001 ?The city of Burbank has a Mortgage Assistance Program that offers home buyers a 30-year second mortgage loan, with zero interest and no payments for the first 5 years.  After 5 years, the second must ... more...

alliance downpayment assistance related definitions

American Dream Downpayment Initiative
American Dream Downpayment Initiative The American Dream Downpayment Initiative (ADDI) aims to increase the homeownership rate, especially among lower income and minority households. ADDI help first-time homebuyers with downpayment and closing costs. The program assists low-income ... more...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

More about alliance downpayment assistance

Get Free alliance downpayment assistance Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Seller Financing - Six Safety Tips
Why offer seller financing when you sell? A higher price, a good return on your money, a faster sale and to sell a property that is otherwise difficult to sell. Some good reasons, but how do you do it safely?1. Get a large downpayment. The most obvious way to be safe, and not always possible.2. Get ... more...

When You Are Eligible For A Free Credit Report
By Federal law, you are entitled to one free credit report per year directly from a credit-reporting agency only if you certify that:1. You are unemployed and seeking employment in the next 60 days.2. You are receiving public assistance.3. You believe there are inaccuracies in your credit report ... more...

5 Love Languages and Those Who Contribute at Home
The work around a house or apartment has got to be some of the least thanked work ever created. Whether it is the yard work on the weekend, plumbing as it arises, daily dishes & errand running, we tend to overlook the assistance that our spouse and children offer us regularly.Part of why being at ... more...

Bill Consolidation Company The Best Time to Consolidate Debts
Choosing the best time to consolidate debts depends on many factors. Although debt consolidation companies are very effective, many consumers are hesitant to receive help for managing their debts. Besides, if using a debt management service, some creditors will report third party assistance ... more...

From Employee to Entrepreneur: Taking the Plunge
Before you decide whether or not running your own business is right for you, start by pinpointing your area of expertise and assessing your aptitude for business.Starter Questions Ask yourself the following questions:- In what areas do people approach me for advice and assistance? From what parts ... more...

Five Things Never To Tell Your Mortgage Lender When Facing Foreclosure
1. Never discuss your household finances over the phone with the collection department. What you dont know is that you are being qualified and not know it. This is the easiest and fastest way to get a turn down. Request a homeowners assistance package so that you can submit the require information ... more...

Tips For First-Time Home Buyers
As a first-time homebuyer, you are eligible for many programs offered by mortgage companies and the government. An often-overlooked resource for the first-time buyer is their local county government or municipality. Many counties in the United States offer incentives for first-time home buyers. ... more...

Commercial Income Property Financing: Part 1 of 3
Welcome to this first portion of a three-part series about income property. In this first segment we will be discussing financing options for commercial income properties as well as the upside (and downside) of owning this type of property.If youre interested in getting into the income property ... more...

Do It Yourself Credit Repair
Many of us believe that it is only through an agency that we could possibly have any hope for repairing our own credit. Rest assured that this is not true. It could possibly cost you more money and time to arrange through an agency than it would to just do it yourself.My recommendation, before ... more...

Five Do's To Get the Best Mortgage
The number one rule: pay your bills on time. There is no single element that can do so dramatic impact on the success of an application as your credit history. Another thing, of course, is savings. You should establish a good disciplined savings habit. Although there are a lot of programs right now ... more...

Return to previous page   More articles on alliance downpayment assistance
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009