Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

80/20 Loans

Author Message
Icon Mini Profile Shannonbrown1026





Joined: 02 Jul 2009

Posts: 2

1.52 Dollars($)
Post Posted: Thu Jul 02, 2009 9:18 am    Post subject: 80/20 Loans
Like 0
Dislike 0

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: 100

0.00 Dollars($)
Post Posted: Thu Jul 02, 2009 9:27 am    Post subject:
Like 0
Dislike 0

your place? contact which lender?
Icon Mini Profile Shannonbrown1026





Joined: 02 Jul 2009

Posts: 2

1.52 Dollars($)
Post Posted: Thu Jul 02, 2009 9:42 am    Post subject:
Like 0
Dislike 0

???
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
261.84 Dollars($)
Post Posted: Fri Jul 03, 2009 5:55 am    Post subject:
Like 0
Dislike 0

To Shannon,

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

However, feel free to post further queries.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.062 seconds.