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    ong>No-down-payment mortgage With a no-down-payment mortgage, 100 percent of the purc
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    There are programs to help when you don't have the down payment to buy a home. With today's high real estate prices, struggling to come up with a 20 percent down payment to buy a home can be a daunting task. Fortunately, there are options that can help. Many lenders now offer non-traditional no-down-payment mortgages or second mortgages to cover the cost of a down payment.

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    real estate prices, struggling to come up with a 20 percent down payment to buy a home can be a daunting task. Fortunately, there are options that can help. Many lenders now offer non-traditional no-down-payment mortgages or second mortgages to cover the cost of a down payment.

    No-down-payment mortgage With a no-down-payment mortgage, 100 percent of the purc

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    daunting task. Fortunately, there are options that can help. Many lenders now offer non-traditional no-down-payment mortgages or second mortgages to cover the cost of a down payment.

    No-down-payment mortgage With a no-down-payment mortgage, 100 percent of the purc

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    nal no-down-payment mortgages or second mortgages to cover the cost of a down payment.

    No-down-payment mortgage With a no-down-payment mortgage, 100 percent of the purc

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    ong>No-down-payment mortgage With a no-down-payment mortgage, 100 percent of the purchase price of a home is financed with a single mortgage and the homebuyer makes one monthly mortgage payment. The advantage, especially when housing prices are escalating, is that you can enter the housing market without waiting to save up a down payment. The disadvantage of this type of financing is that you are likely to be charged a higher interest rate than you would with a standa

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