NOTICE: We closed down Spin Distribute on December 31st, 2022. ❗
Spin Distribute has been a wonderful SEO service since early 2009. Unfortunately, after almost 14 years, it no longer meets the very strict quality criteria of our company.
We pride ourselves on only providing SEO services that are best-in-class. Unfortunately Spin Distribute no longer qualifies.
For this reason we closed down new sign-ups and new orders on Spin Distribute on December 31st, 2022.
Of course all your existing orders will be delivered in full. Thank you!

- Aaron Sustar, CEO, INFINET LLC
SmileyTech Solutions - Smile about your Online Business!

Take your IM business and SEO efforts to the next level!

Log In

Once you are logged in, you are able
to use all of our services.
Your Email Address:
Your Password:
 
What can I do when logged in?
Once you are logged in, you are able to use all of our services. This includes:

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

« Back to articles from category "Real Estate"

The following article was published in our article directory on November 11, 2020.
Learn more about SpinDistribute Article Distribution System.

Understanding 100% Development Loans

Article Category: Real Estate

Author Name: David Farrell

When approaching a loan provider for home financing, you will typically be required to put up a down payment. Paying 20% of the total cost of the home will allow you to skirt the private mortgage insurance requirement. If you are availing of an FHA loan, it is possible to pay a down payment of as small as 3.5%, depending on how good your credit score is.
With a 100% development loan, the lender extends a loan for the full purchase price, without requiring any down payment. Various programs offer 0-downpayment loans. These include the US Dept. of Agriculture loans, VA loans, and special programs intended for specific segments of the population, such as doctors. There are also credit unions that offer low and 0 down payment mortgages to members.

Benefits of 100% Development Loans
The main benefit of obtaining a loan with no down payment is that it allows you to move into a new home quickly, without shelling a big amount of money. You don�t need to suffer years of paying rent for a small apartment while saving enough money to buy a home. This way, you can start living in your new home, and begin saving for more productive investments in no time.
If you have some money kept in a bank, getting 100% development financing means not touching your bank deposit. You can later use the money to pay for the extra expenses like landscaping and furniture. Also, living in your own home may mean bigger utility and other expenses, so paying no down payment will allow you to cover these expenses.
If you�ve experienced renting a home, you may be aware that a monthly mortgage is often lower than your rent. Lenders offering 100% financing allow you save some money every month by switching to home ownership. This means you get to keep some cash aside. By paying more on your mortgage every year, you will be able to accumulate some equity that you would have otherwise gained by paying a down payment.

Higher Loan Interest Rates
Among the biggest disadvantages of paying 0 or low down payment for a home purchase is that over time, you will have to pay more in terms of interest. If you�re buying, for instance, a $200,000 home that requires a 20% down payment, deduct $40,000 from the financing. Thus, instead of paying a 5% interest rate on $200,000 over 30 years, you�ll instead pay 5% on $160,000.
Without a down payment, your prospective lender will be forced to assume a higher risk with you from the get go. As a result, the lender may charge a higher interest rate for your loan. This will only add more burden for you throughout the duration of the loan.
Now if you only live in the new home for a couple of years, it may mean that the bulk of your payments are only for taxes and interest. This may result to your having a very small equity in the home.
Learn more about  HYPERLINK "https://100percent-propertydevelopmentfinance.com/property-bridging-loans/" 100% development financing.

About the Author: David Farrell offers help and support in finding Development Finance, Bridging loans for construction. To find out more visit development finance, bridging loans, ,

Keywords: Development finance, construction finance, bridging loans, 100% development loan

Learn more about SpinDistribute Article Distribution System. We also offer one of the Best Article Writing Services out there - give us a try if you need great articles on various topics!

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.

1 article = 800+ backlinks

ARTICLE DISTRIBUTION

Publish 800+ unique versions of
your article on 800+ websites!
Let us do all the

ARTICLE WRITING

Need lots of keyword optimized
quality articles? Search no more.
We recommend our

COMPLETE SERVICE

We write articles. We distribute
them. You get all the gains!
Have any questions?
Feel free to check out the "Frequently Asked Questions" section, or use the email address below to contact our team. You can also register for free and contact our Support Department. Read more
Why choose
Spin Distribute?
boost your traffic and online income and crush your competitors with our great article distribution system
get more than 800 highly relevant backlinks with each article distribution (from $1.60 per distribution)
try out our "Complete Service" that puts everything on auto-pilot (we write & distribute articles for you)
have us write all the articles for you, so you can focus on your business
get detailed HTML and PDF reports for every article distribution
contact our Support Department and Live Support to get answers
get FREE access to our SEO Tips & Tricks Guide (worth $27 alone!)
join our Affiliate Program and make money with our services
 
E-mail: info
   
spindistribute.com
Smile about your Online Business!

> Frequently Asked Questions
> Terms of Use & Privacy Policy
> Affiliate Program
 
I got in online biz more than 2 years ago but I got nowhere - until I found your service a couple of months ago, that is. Now I am getting really strong in the lose-weight niche and I can't wait to see where this online business takes me. Tnx so much!!
Harold Brown