Interest rate buy down naca
21 Jan 2020 Ability to purchase a home with no down payment or standard closing costs; At or below market interest rate on mortgage; Flexible borrower 17 Sep 2019 Live rates from actual mortgage lenders. This is similar to “regular” PMI, except that the lender pays the insurance premium in exchange for a higher interest rate. You don't need 20% down to buy a home, and PMI is not a terrible thing. NACA touts no down payment, no closing costs, no points,