The “Wealth Building Loan” requires no down payment, and offers eligible borrowers a 7/1 adjustable rate #mortgage with a 20-year amortization. Waterstone said that the “Wealth Building Loan” also eliminates monthly #mortgage insurance payments nearly four years sooner than a 30-year conventional loan with a 3% down payment. http://www.housingwire.com/articles/36310-waterstone-mortgage-unveils-zero-down-20-year-adjustable-rate-wealth-building-loan ❤️ #share #mortgage
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