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  • February 12, 2008 at 10:46 PM #11806
    Ranjan
    Participant

    Hi,

    I hear that Wells Fargo is denying loans to sandiego county folks if the downpayment is not 20% or higher.
    They are branding San Diego county as “distressed”.

    Is this true? Are other lenders doing this too?
    Not sure how many people will be able to put a 20% down now?

    HLS, are you able to arrnage loans for 10% down or so?

    Thanks

    February 13, 2008 at 12:32 AM #152545
    SD Realtor
    Participant

    Do you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.

    SD Realtor

    February 13, 2008 at 12:32 AM #152826
    SD Realtor
    Participant

    Do you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.

    SD Realtor

    February 13, 2008 at 12:32 AM #152828
    SD Realtor
    Participant

    Do you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.

    SD Realtor

    February 13, 2008 at 12:32 AM #152852
    SD Realtor
    Participant

    Do you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.

    SD Realtor

    February 13, 2008 at 12:32 AM #152928
    SD Realtor
    Participant

    Do you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.

    SD Realtor

    February 13, 2008 at 5:42 AM #152569
    robyns_song
    Participant

    What kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?

    February 13, 2008 at 5:42 AM #152853
    robyns_song
    Participant

    What kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?

    February 13, 2008 at 5:42 AM #152855
    robyns_song
    Participant

    What kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?

    February 13, 2008 at 5:42 AM #152876
    robyns_song
    Participant

    What kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?

    February 13, 2008 at 5:42 AM #152953
    robyns_song
    Participant

    What kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?

    February 13, 2008 at 7:51 AM #152579
    Ranjan
    Participant

    SD R,

    I heard it from wells Fargo.

    February 13, 2008 at 7:51 AM #152863
    Ranjan
    Participant

    SD R,

    I heard it from wells Fargo.

    February 13, 2008 at 7:51 AM #152865
    Ranjan
    Participant

    SD R,

    I heard it from wells Fargo.

    February 13, 2008 at 7:51 AM #152888
    Ranjan
    Participant

    SD R,

    I heard it from wells Fargo.

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