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All agents are NOT alike! Find out why we are top real estate experts. Call us: 330-725-4408.
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Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
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About the Medina County Area Medina County is home to 3 cities, 6 villages, and 17 townships with a total County population of 151,095. The three cities, being Brunswick (1815), Medina (1818), and Wadsworth (1814) give the sense of a small town environment with the resources of two big cities near by. The county seat of Medina County is Medina City. It is located toward the center of the county with Brunswick (slightly larger) a few miles to the north, and Wadsworth (slightly smaller) a few miles southeast. Request our Free Cleveland, Medina and Wadsworth Relocation Package. It's packed full of useful and important information about the Cleveland, Medina and Wadsworth, Ohio area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 
First Time Buyers >More Down Payment Help
One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.
Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.
With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.
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| Q |
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
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| A |
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government. |
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