Feature
Properties
|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 888-509-4226.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
"She was great!"
"This was our first experience with a Realtor and Lisa made the whole experience smooth and efficient."
Doug & Donna H.
Read Quote >
View All Quotes >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
Lexington Home Link
are some of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
For Home Buyers:
Why Buyers Choose Lexington Home Link - Why homebuyers looking for a real estate agents in the Lexington, Georgetown and Nicholasville area choose Lexington Home Link. Latest Listings - Get Lexington Home Link's latest Lexington, Georgetown and Nicholasville listings of homes for sale first! Find Your Perfect Home - Lexington Home Link will search for your ideal home and email you the newest Lexington, Georgetown and Nicholasville MLS listings of properties in Fayette County KY. First Time Homebuyers - Are you a first time homebuyer in Lexington, Georgetown and Nicholasville, KY? Choose a top real estate agents. Lexington Home Link can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Lexington, Georgetown and Nicholasville house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Lexington, Georgetown and Nicholasville Homes, For Home Buyers, For Home Sellers, Lexington, Georgetown and Nicholasville Information, Real Estate Resources, and About Lexington Home Link. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
|
 |
| Q |
What is a "jumbo mortgage"?
|
| A |
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates. |
| See More Real Estate Trivia > |
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERTS™ 
