Text messaging is an app that your carrier loads on the smartphones and feature phones they sell you. Mobile messaging is an app you download on to your smartphone, but is not available on feature phones. Both types of messaging let you send text and photos. Text messaging is billed as text messaging or may be part of a bundle of voice, text and data.
A down payment is the amount of money you spend upfront to purchase a home and is typically combined with a mortgage to fulfill the total purchase price of a home.In addition to your down payment amount, your credit score, credit history, total debt and annual income will influence how much house you can qualify for.A great tool to see how much you can afford based upon your down payment and annual income is Zillowâs affordability calculator.n addition to your down payment amount, your credit score, credit history, total debt and annual income will influence how much house you can qualify for. A great tool to see how much you can afford based upon your down payment and annual income is Zillowâs affordability calculator.
Mortgage rates for investment property homes are substantially higher and a minimum down payment of 20% is required. Owner occupied homes only require a 3.5% down payment for FHA loans and 5% down payment for conventional loans.