The Last Piece of Pie is For Me!
Cook County Down Payment Assistance Program
The Cook County American Dream Downpayment Initiative Program (ADDI) is an interest-free 5 year forgivable loan, secured by a silent second lien. The home buyer will receive 6% of the sale price (or $10,000, whichever is greater), not to exceed $14,999, toward the down payment and closing costs of for the purchase of a home.
Mortgage Length ? Calculating Which Is Best
For many people, purchasing a home is one of the largest and most important investments they will make after their education. It is important to make sure you choose the right mortgage, one you will be able to pay off within a reasonable amount of time. You also want to make sure you choose a mortgage which has the right length of time.
Always Choose Your Home Loan Product Wisely.
There are so many different types of home loan out there; choosing the terms of your mortgage can be very confusing. In the present climate we are all anxious to make the correct decision or it could cost us a lot of money. Clearly it depends a lot on your individual circumstances. If you have bad credit then things will be different for you than if you just want to release a bit of equity. Debt consolidation needs a different approach, of course, than a first home buyer. It is important that you know which is the best way forward for you.
