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does a mortgage=cost of a house?

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litisham Joined: 23 Jun 2009 Posts: 116 -0.62 Dollars($)	Posted: Thu Aug 13, 2009 10:18 am    Post subject: does a mortgage=cost of a house? Like 0 Dislike 0 does a mortgage=cost of a house? can anyone solve this equation?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Thu Aug 13, 2009 10:21 am    Post subject: Like 0 Dislike 0 what? _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044
litisham Joined: 23 Jun 2009 Posts: 116 -0.62 Dollars($)	Posted: Thu Aug 13, 2009 10:31 am    Post subject: Like 0 Dislike 0 yes i want to ask is mortgage is equal to cost of house? is it true?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Thu Aug 13, 2009 11:01 am    Post subject: Like 0 Dislike 0 apparently not, because i can't figure out what you're talking about. the mortgage amount is what someone borrows. the cost of the house is what someone pays for a house. equal? not as a general rule, no. are you asking if it is possible to get 100% financing? if that's your question, it'd be nice to see it asked that way. the answer to that is "yes, sometimes." other than that, i can't begin to figure out what it is you're trying to find out. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044
litisham Joined: 23 Jun 2009 Posts: 116 -0.62 Dollars($)	Posted: Sat Aug 15, 2009 11:59 am    Post subject: Like 0 Dislike 0 what conditions can helps me to get 100% finance?
sunnyca2009 Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)	Posted: Sat Aug 15, 2009 7:51 pm    Post subject: Like 0 Dislike 0 No one is giving 100% financing in thsi market. Unless you get the loan from aprivate party or your relative
merry809 Joined: 10 Aug 2009 Posts: 35 0.02 Dollars($)	Posted: Sun Aug 16, 2009 6:52 am    Post subject: Like 0 Dislike 0 You can get 100% finance depending upon the lender and your details.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Mon Aug 17, 2009 8:13 am    Post subject: Like 0 Dislike 0 yes, you can no, you can't yes, you can no, you can't seemingly endless arguments...truly, you can pretty much do anything you want to do if you're willing to pay for it. conventional lenders and fha lenders will not do 100% financing per se. when buying a principal residence in almost every state, you can actually finance (assuming you qualify) more than 100% of the purchase price, if you factor in primary loans as well as down payment assistance loans. these programs are available through state financing agencies. to determine whether your particular state offers such loans, you can contact the housing agency within your state government. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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