Most lenders will still provide up to 97% financing if you are going through the Federal program because of the fact that the loans are government guaranteed. There are down payment assistance programs that can cover the additional 3% so availability to money is still there. You just have to look a little bit harder for it.
Maybe so, there are suckers still out there, but you won’t be anywhere near a 6% rate. Further to this, anyone taking a 400K loan today on a house that will be worth 300K in a year from now is an idiot and the dumb ass mortgage company that issues the loan should be shut down.
Maybe so, there are suckers still out there, but you won’t be anywhere near a 6% rate. Further to this, anyone taking a 400K loan today on a house that will be worth 300K in a year from now is an idiot and the dumb ass mortgage company that issues the loan should be shut down.
Maybe so, there are suckers still out there, but you won’t be anywhere near a 6% rate. Further to this, anyone taking a 400K loan today on a house that will be worth 300K in a year from now is an idiot and the dumb ass mortgage company that issues the loan should be shut down.
Maybe so, there are suckers still out there, but you won’t be anywhere near a 6% rate. Further to this, anyone taking a 400K loan today on a house that will be worth 300K in a year from now is an idiot and the dumb ass mortgage company that issues the loan should be shut down.
Maybe so, there are suckers still out there, but you won’t be anywhere near a 6% rate. Further to this, anyone taking a 400K loan today on a house that will be worth 300K in a year from now is an idiot and the dumb ass mortgage company that issues the loan should be shut down.
