Finding a no money down mortgage loan is actually easier for someone with poor credit. Subprime lenders are more willing sign off on these deals than conventional lenders. But before you jump into a mortgage contract, make sure you understand the terms and are getting a good deal.
Benefits Of A No Money Down Mortgage
A no money down mortgage allows you to buy a home with little to no money due at closing. In essence, you are trading a rent payment for a mortgage p…