What is the average percentage of mortgage loan that loaners give (for down payment)?

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  1. Reply
    shipper1948
    April 30, 2011 at 12:06 am

    Borrower pay the down payment not the lenders, they lend you the rest of the money. Buyers normally pay between 3.5-20% down, some pay much more even 100% of they are older buyers.

  2. Reply
    Air
    April 30, 2011 at 12:46 am

    Mortgage loan is a term used for the loans secured by a property. Mortgage loans refer to a loan secured by residential property, often for the purpose of securing real estate. Mortgage loans are priced lower than other loan structures because the value of the property risk for the lender.

    http://www.worldbestloans.com/Mortgage%20Loan.htm

    A fixed rate mortgage loan has its own benefit. If the borrower is budget conscious, he will remain at peace because the monthly mortgage amount will not change.Fixed rate mortgage loan is a loan where the interest rate remains the same through the term of the loan. Fixed rate mortgage loans are the most traditional form of loan.

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