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- Low-down-payment loan
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Low-down-payment loan
A home loan that requires the borrower to make only a small down payment before obtaining the financing needed to purchase a house.
Related Terms
Interest-only loan
Negative amortization
Additional principal payment
Standard payment calculation
Graduated-payment mortgage (GPM)
Balloon loan
FHA loans
Fixed installment
Draw
Grace period
Mortgage acceleration clause
Acceleration clause
Payment cap
Late payment
Federal Housing Administration (FHA)
Prepaid interest
Balloon payment
Veterans Administration (VA)
Private mortgage insurance (PMI)
Mortgage broker
Loan origination fee
Annuity
VA loans
Trade equity
Notice of default
Down payment
Conventional loan
Interest
Bridge loan
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