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HLS.
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September 15, 2008 at 9:16 AM #13830September 15, 2008 at 10:17 AM #270461
stockstradr
ParticipantI have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
September 15, 2008 at 10:17 AM #270695ParticipantI have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
September 15, 2008 at 10:17 AM #270698ParticipantI have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
September 15, 2008 at 10:17 AM #270749ParticipantI have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
September 15, 2008 at 10:17 AM #270774ParticipantI have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
September 15, 2008 at 10:33 AM #270476madmoney
ParticipantWhile it is getting harder to secure a loan, and it may be different in the bay area, I don’t buy only 2 or 3 lenders doing loans for at least 15% down. I just bought a home in southern california in the end of August, 2 of the 3 banks were allowing less than 15% down (but greater than 10%) and the other, Countrywide, was requiring 15% down.
September 15, 2008 at 10:33 AM #270711ParticipantWhile it is getting harder to secure a loan, and it may be different in the bay area, I don’t buy only 2 or 3 lenders doing loans for at least 15% down. I just bought a home in southern california in the end of August, 2 of the 3 banks were allowing less than 15% down (but greater than 10%) and the other, Countrywide, was requiring 15% down.
September 15, 2008 at 10:33 AM #270713ParticipantWhile it is getting harder to secure a loan, and it may be different in the bay area, I don’t buy only 2 or 3 lenders doing loans for at least 15% down. I just bought a home in southern california in the end of August, 2 of the 3 banks were allowing less than 15% down (but greater than 10%) and the other, Countrywide, was requiring 15% down.
September 15, 2008 at 10:33 AM #270763ParticipantWhile it is getting harder to secure a loan, and it may be different in the bay area, I don’t buy only 2 or 3 lenders doing loans for at least 15% down. I just bought a home in southern california in the end of August, 2 of the 3 banks were allowing less than 15% down (but greater than 10%) and the other, Countrywide, was requiring 15% down.
September 15, 2008 at 10:33 AM #270789ParticipantWhile it is getting harder to secure a loan, and it may be different in the bay area, I don’t buy only 2 or 3 lenders doing loans for at least 15% down. I just bought a home in southern california in the end of August, 2 of the 3 banks were allowing less than 15% down (but greater than 10%) and the other, Countrywide, was requiring 15% down.
September 15, 2008 at 11:33 AM #270481waitingpatiently
ParticipantCan anyone help out with the original question?
September 15, 2008 at 11:33 AM #270716ParticipantCan anyone help out with the original question?
September 15, 2008 at 11:33 AM #270718ParticipantCan anyone help out with the original question?
September 15, 2008 at 11:33 AM #270769ParticipantCan anyone help out with the original question?
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