Article Image

IPFS News Link • Housing

No-money-down mortgages are back

• .
It’s 100% financing—the same strategy that pushed many homeowners into foreclosure during the housing bust. Banks say these loans are safer: They’re almost exclusively being offered to clients with sizable assets, and they often require two forms of collateral—the house and a portion of the client’s investment portfolio in lieu of a traditional cash down payment. 

thelibertyadvisor.com/declare