![In an aerial view, homes sit on lots in a residential neighborhood on March 15, 2024, in Miami, Florida.](https://media.cnn.com/api/v1/images/stellar/prod/gettyimages-2086941292-copy.jpg?c=16x9&q=w_1280,c_fill)
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Zero-percent down mortgage makes a comeback. Here’s how it works
One of the nation’s largest mortgage lenders is offering a new zero-percent down mortgage program that will allow buyers to pay for 97% of the home’s value with a first mortgage and then provide the remaining 3% in the form of a second mortgage. Assistant professor of finance at Saint Joseph’s University Jonathan Adams discusses.
03:33
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CNN
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Zero-percent down mortgage makes a comeback. Here’s how it works
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