San Diego Zero Down Loans
“Not only do I not like paying mortgage insurance, it isn’t even tax deductible. Can you still get zero down loans without paying mortgage insurance?”
***ANSWER:
They’re hard to come by. But my lender has something unique they call “tax advantaged mortgage insurance” or TAMI for short.
Instead of charging you mortgage insurance, which is rarely tax deductible, they charge you a slightly higher rate. The interest is generally tax-deductible, while mortgage insurance isn’t.
It’s a pretty good loan program. If you’re interested, call me at (858)457-KENT and I’ll put you in touch with my lender.
buy a home or investment property in San Diego