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Started By
Message
re: Home Mortgage
Posted on 5/13/11 at 9:35 am to FunkyTiger
Posted on 5/13/11 at 9:35 am to FunkyTiger
quote:
Will I get the loan?
Only if the bank is employing morons
1
Posted on 5/13/11 at 2:43 pm to yellowfin
for everyone in this thread....say i was going to be building a house in the $250k-$350k range. What kind of down payment should i be looking at? $60k?
Posted on 5/13/11 at 4:22 pm to slapahoe
You should strive for 20% for any mortgage to avoid PMI in my opinion.
Posted on 5/13/11 at 10:25 pm to slapahoe
Anywhere from 50k to 70k if you haven't owned the lot for a year with most bank. Dow Credit Union can offer up to 95% on an exception basis but can do 90% normally.
That is a big arse gap in price range. Most people have a much better idea of what they are looking at
That is a big arse gap in price range. Most people have a much better idea of what they are looking at
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