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unusual facts about Down payment


Foreign national mortgage

Down payment requirements are usually higher for foreign national borrowers.


Housing trust fund

In addition to funding affordable housing construction, the fund provides down payment assistance loans of up to 10% of the cost of a home to home buyers who work in Napa County and earn less than 120% of the area median income.


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Creative real estate investing

Buyers, however, should not use all of their savings for the down payment, thus depriving themselves of any reserve to fall back on if extraordinary expenses arise or income falls in the future.

Dead Heat on a Merry-Go-Round

He's made a down payment on the blueprints to a bank at Los Angeles International Airport, but needs to raise $45,000 to complete the purchase.

Mackle Brothers

Prior to creating Marco Island the brothers had been involved with General Development Corporation a business that ran a "buy Florida" campaign offering "The Florida Dream" for a $10 down payment followed by $10/month.