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Welcome > Sitemap > Local Information ...
Rio Rancho, Corrales and Albuquerque Information:
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Local Neighborhoods - Rio Rancho, Corrales and Albuquerque area neighborhood information.
School Reports - Reports for Rio Rancho, Corrales and Albuquerque schools kindergarten, elementary, and high schools.
Especially for the Film Industry - Get more information here...
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Go to Main Sitemap - Main sitemap sections include Find Rio Rancho, Corrales and Albuquerque Homes, For Home Buyers, For Home Sellers, Rio Rancho, Corrales and Albuquerque Information, Real Estate Resources, and About Sean & Christine Remington.
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Financing Your Home >Home Buyers Education
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.
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Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
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According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies. |
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Sean & Christine Remington Prudential Sandia Real Estate 6739 Academy NE, Suite 200 Albuquerque, NM 87109 Sean: 505-307-4006 Christine: 505-977-2004 Fax: 888-291-7121 Sean's Email: Sean@SeanRemington.com Christine's Email: ChristineRNM@gmail.com
Don't leave such important decisions in the hands of just any real estate agent. Trust one of New Mexico's Top Real Estate Teams who makes it look fun and easy; Sean & Christine Remington. Having gone the extra mile to pursue extended education in real estate coupled with a heavy volume of experience ensures that when choosing to work with Sean & Christine - you have made the right choice.
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