Down payment assistance programs like The American Dream Down Payment Assistance are all but outlawed for use with any government insured loan programs.
It’s about damn time!
I can hear you now, “What’s wrong with charities helping home buyers by giving down payment assistance?”
In a word, it’s a scam…that’s why!
In more than a word, [...]

The Mortgage Scam Checklist is 37 tip-offs you’re being lied to, scammed, or conned. Each tactic or statement is a mortgage scam designed to separate you from your money.
I’ve often been asked the question, “How can I tell a mortgage scam when I hear one?”
To answer that question, I put together the “The [...]

The 100% mortgage programs are really popular right now. The 100% mortgage is a loan program which requires no down payment. Therefore, trouble may be brewing.
Now on the surface a 100% mortgage this seems like a great idea. Since most surveys show the number one reason for not buying a home [...]

I was recently on the dumb little man blog which gives good money saving tips. I came across a post on 10 questions to ask an agent before listing your home with them. I have no great bone to pick with the 10 items (they were all sound interview questions), but I do with [...]