| Name:
Adam
Title of Question:
mortgage but no downpayment? |
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Question: I don't have enough money for a down payment, but I can afford to pay a mortgage. What should I do?
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Post Your Answer To The Question Above:
Name:
Don Taylor
| Date: October 4, 2004, 11:08 am
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| Answer:
Try contacting your local housing authority. They may have a program structured for a no-down-payment or a low-down-payment loan. If you qualify for the loan program, you'll be able to start shopping for your new home.
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| Name:
Free Help!!
| Date: January 6, 2005, 12:27 am
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| Answer:
www.HelpWithHomeLoans.com Free report available on No Money Down Home loans. |
| Name:
Fred
| Date: January 6, 2005, 1:50 am
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Answer:
Depending on your state's home values, you can negotiate that the seller pay the closing costs for you in return for a higher offer price. The keys to this are that A: the home MUST appraise at your offer price and B:your lender has to allow up to 6% seller contribution or the transaction is dead. Consult a good Realtor in your area for additional information on how to negotiate this type of offer. Good Luck!
www.fredtomaro.com |
| Name:
Rupen
| Date: April 6, 2005, 3:49 pm
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| Answer:
We are wholesale lenders providing our own funds to other financial institutions. We also lend at a discount to the general public. We can offer a zero down program and seller concessions to pay for closing cost. This allows you to buy with no money out of your pocket and get the lowest rate. Call 973-253-2936 |
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