80/20 Loans

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Icon Mini Profile Shannonbrown1026




Joined: 02 Jul 2009

Posts: 2

1.52 Dollars($)
PostPosted: Thu Jul 02, 2009 9:18 am    Post subject: 80/20 Loans

Hello~
Are lenders still allowing 80/20 loans to avoid a down payment?? My husband and I have had our condo on the market for over a year and we want to lower our asking price, but if we do then we won't have a down payment for our next house. We were approved for an FHA loan and we're planning on just having the 3 1/2% down. That's what we based our current asking price on.
Thanks so much
Shannon
Icon Mini Profile millerja9




Joined: 19 Jun 2009

Posts: 106

4.14 Dollars($)
PostPosted: Thu Jul 02, 2009 9:27 am    Post subject:

your place? contact which lender?
Icon Mini Profile Shannonbrown1026




Joined: 02 Jul 2009

Posts: 2

1.52 Dollars($)
PostPosted: Thu Jul 02, 2009 9:42 am    Post subject:

???
Icon Mini Profile savior70




Joined: 25 Mar 2009

Posts: 1687
Location: Florida
220.10 Dollars($)
PostPosted: Fri Jul 03, 2009 5:55 am    Post subject:

To Shannon,

I've answered your query at http://www.mortgagefit.com/homeloan/downpayment-piggyback.html#104995 .

However, feel free to post further queries.
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