By Admin on Apr 30, 2008 in Renting & Real Estate
Libs Are Funny asked:
With all the mortgage problems going on are lenders still willing to offer the 5% down payment deal?
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With all the mortgage problems going on are lenders still willing to offer the 5% down payment deal?
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Yes, FHA loans only require a 3% down payment.
Tray | May 2, 2008 | Reply
Absolutely!
godged | May 5, 2008 | Reply
Yes, for a conventional home loan you would need to put 5% down. These are still available.
Abard2 | May 8, 2008 | Reply
Only if your income is low enough.
Steve R | May 10, 2008 | Reply
Yes, As long as your loan amount is below 417K, you may possible have to put nothing down (depend on the area). Some area are consider depreciating value area.
Carl R | May 12, 2008 | Reply