Some Banks Offering Tech Employees Mortgages With No Down Payment

Usually when you hear about banks offering home loans with low down-payment requirements, it’s intended to attract first-time homeowners who may not have the tens of thousands of dollars it can take to make the full 20% upfront payment. However, some banks in high-priced areas in and around Silicon Valley are using 0% down-payment loans in an attempt to attract well-heeled tech employees. [More]

(design boner)

Finding Or Being A Loan Co-Signer On Craigslist Doesn’t Sound Like The Best Idea

Asking strangers to help you in exchange for money always carries a bit of risk, but for those people who don’t have good enough credit to qualify the loans they need, sometimes it seems there’s no other choice. In a sign of continued hard times, some cash-strapped folks are posting ads on Craigslist seeking a loan co-signer to help them out of a jam. [More]