In November, Lexington began offering a "buy-down," where qualified buyers at its developments who take out mortgages through Guaranteed Rate can get a 30-year loan with. a senior mortgage.
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Bank of America is often considered not just an overall best bank to get a mortgage from, but also one of the best banks for first-time home buyers. One of the ways they are valuable for new buyers is through their Affordable Housing Assistance programs.
“ARMs became a four-letter word after the housing crisis,” said Ann Thompson, a retail sales executive for Bank of America in San Francisco. payments on a 30-year fixed-rate mortgage turned to ARMs.
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