Asked by Jim, Woodridge, IL • Sat Jul 26, 2008
I recieved a thing in the mail for a Bank Of America No Mortgage Plus loan. They offer to pickup all the closings costs and require no PMI. Now I am working with another lender who is working to get me a government grant for first time home buyers.
I am just trying to figure out if the grant would give me more money or if the no closings cost loan is a better deal. The places I am looking at are townhomes/condo's in the Woodridge, IL area priced between 80k-95k,
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