HOMEOWNERSHIP

Information on Mortgage Options and Effects on Accelerating Home Equity Building

Business & Finance, Accounting, Governmental
Cover of the book HOMEOWNERSHIP by Hugues Dumont, Hugues DUMONT
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Author: Hugues Dumont ISBN: 1230002228402
Publisher: Hugues DUMONT Publication: March 22, 2018
Imprint: Language: English
Author: Hugues Dumont
ISBN: 1230002228402
Publisher: Hugues DUMONT
Publication: March 22, 2018
Imprint:
Language: English

The federal government has a number of programs to help increase access to affordable homeownership for first-time buyers and lower-income households, including programs that provide guarantees for certain types of mortgages and funding that can be used for down-payment assistance. Generally, homeowners can build home equity by making payments on a mortgage to reduce the outstanding principal (assuming home value does not depreciate). Recently, there has been interest in mortgage products that accelerate home equity building...

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The federal government has a number of programs to help increase access to affordable homeownership for first-time buyers and lower-income households, including programs that provide guarantees for certain types of mortgages and funding that can be used for down-payment assistance. Generally, homeowners can build home equity by making payments on a mortgage to reduce the outstanding principal (assuming home value does not depreciate). Recently, there has been interest in mortgage products that accelerate home equity building...

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