• What is a low down payment?

    A low down payment is anything less than the standard 20 percent. Many people borrow with less than 20 percent down by obtaining private mortgage insurance, or PMI. There also are numerous programs to help first-time buyers with little or no down payment, including FHA, VA and Fannie Mae's Community Home Buyers Program.

    Copyright 2007 Inman News. All Rights Reserved.

    Related Answers
    More Resources
    Personal Finance Answers categories Why search the Web, when you can go straight to the best.
  • Question & Answers
    Questions & Answers

    What Are Unit Investment Trusts (UITs)?

    Unit Investment Trusts (UITs) are one of three...Read More

  • Quizzes
    Quizzes

    Hundreds of Investing & Finance Quizzes, Including

  • Word of the Day
    Word of the Day

    Stock Subscription Agreement

    A "stock subscription agreement" is a contract to invest in shares of stock of a...

    Read more
    • Copyright © By E-PersonalFinance.com All rights Reserved