Information Stop: florida-mortgage-lender Law360 (June 6, 2008, 12:00 AM EDT) — AmeriMortgage Bankers LLC has lost its counterclaims in a contract dispute with morgan stanley mortgage capital holdings llc over loans the Florida mortgage.
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Land loans are a type of credit you can use to buy a vacant lot to eventually build a home on or raw land that you don't intend to develop.
Conventional wisdom says 20%, but you can buy your first home with much less down.