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Markham, Unionville and Stouffville Photo Gallery Request our Free Markham, Unionville and Stouffville Relocation Package. It's packed full of useful and important information about the Markham, Unionville and Stouffville, Ontario area. Don't move here without it! It's our job to know EVERYTHING about Markham, Unionville and Stouffville! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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.
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In what movie did a cute extra-terrestrial take refuge in a California home on a cul-de-sac with a mountain peak towering behind it?
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| A |
Steven Spielberg's 1982 classic "E.T." was filmed in a real house on Lonzo Street, Tujunga, northeast of the San Fernando Valley.
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See More Real Estate Trivia > |
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Leslie Benczik, Broker RE/MAX All-Stars Realty Inc., Brokerage 4592 Highway 7 East Unionville, ON. L3R 1M5 Phone: 905.477.7766 Downtown Toronto Direct: 416.597.0077 Toll Free: 1.888.762.7081 Fax: 905.477.0566 Email: Rachel@GetBenczik.com
I Guarantee to Sell Your Home in 90 Days or I'll Buy it for CASH! *
‡Leslie Benczik, Susan Taylor, Rachel O'Hearn, Alon Hillel, Rosemary Mauro, Tiffany Lee & Frances Kwong
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