30/70 Rule? - Posted by gus

Posted by michael pine on September 22, 2003 at 18:14:41:

If you have 30% to put down plus closing costs, you are an excellent risk and will almost definitly be able to get a loan. If you would like assistance shoot me an email.

Best wishes,

Michael Pine
email: Michael_Pine@yahoo.com
AIM: MortgageBroker71

30/70 Rule? - Posted by gus

Posted by gus on September 21, 2003 at 12:52:23:

I have heard, and read, that banks will loan someone with bad/terrible credit (500-550 beacon) the money to purchase a house if they can come up with a 30% down payment is this true?