3% Down? Why Small Down Payment. – magnifymoney.com – The benefits of small down payment mortgages. These small and no-down payment mortgage options are designed for those with low- to moderate-incomes who either don’t have enough cash on hand for a large down payment or find it difficult to qualify for a conventional mortgage for credit reasons.
refinancing 2nd mortgage underwater low down payment mortgages Are 20% Home Down Payments History? – Money Under 30 – Is it better to make a lower down payment (and have cash left over) or. On a typical mortgage loan, you might pay an interest rate that is .25.