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Featured Article:

Be Wise in Borrowing

Want to buy those great shoes but just dont have the cash? No problem just charge it. Want to buy a home but dont have the cash? No problem - just charge it. Recognizing that the single largest impediment for most prospective home-purchasers is lack of a down payment, FT Mortgage has come up with The Down payment Card.

Mortgage borrowers can use this Visa card issued by FT Mortgage to make a down payment of 3 to 5 percent. They then get a loan for 95 to 97 percent of the purchase price. The mortgage loan plus the down payment from the Visa card equals 100 percent financing. The card carries an introductory rate for six months. And once escrow is closed, the borrower can use it like any other Visa card.


Refinance your home and take advantage of great rates!
 
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