Quote:
Originally Posted by Pintsize725
Is a 5.43% mortgage loan bad if we aren't putting a down payment?
"5.43% mortgage loan
$115 million available
Down Payment Assistance available (4 points provided through a 30 year, fixed rate, non-amortizing, 0% interest second loan that is due on sale of property or refinance of mortgage loan)"
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Edit - need more information as I’m not familiar with this type of loan. That second loan balloon payment would worry me.