As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
CALL TODAY EXIT TOMORROW! EXIT REWARD REALTY 79 High Street Pittsfield, NH 03263 Office: 603-435-7800 Fax: 603-435-9392 Email: scottanddonnaward@NUMBER1EXPERT.com
Teamwork has always been a top priority with Scott and Donna Ward. Let them help make
your real estate experience "REWARDING"!
www.scottanddonnaward.com is brought to you by Scott and
Donna Ward NUMBER1EXPERTS™ in real estate for Laconia,
Gilmanton, and Pittsfield, New Hampshire, antique homes, and waterfront
homes
Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a , NUMBER1EXPERT(S) Top Selling real estate agent(s). Contact today!
Find Homes - Find , real estate listings & homes for sale provided by , your local expert real estate agent(s).
For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from , a , NUMBER1EXPERT(S) Top Selling real estate agent(s).
For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from , , NUMBER1EXPERT(S) Top Selling real estate agent(s).
Information - Find local information on , including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by , NUMBER1EXPERT(S) Top Selling real estate agent(s).
Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from , , NUMBER1EXPERT(S) Top Selling real estate agent(s).
About - Information about including testimonials, guarantees, credentials, and contact information. Learn about NUMBER1EXPERT(S) Top Selling real estate agent(s) like in the , area.
- NUMBER1EXPERT® 
