Posted by John on June 26, 2005 at 18:33:24:
Yes, If your score is good and you qualify you can get a 103, 107,115,or 125% loan to value mortgage. Ask your lender or mortgage broker
good advice - Posted by gilbert
Posted by gilbert on June 26, 2005 at 14:10:54:
I’m looking to buy a house and I’m getting 100% financing with 3% sellers assist meaning that I would have to come up with the rest of the money for closing cost. Is there any program or way that I can get the rest of that closing cost paid without any money out of my pocket.? Thanks…
Re: good advice - Posted by Jorge Carrejo
Posted by Jorge Carrejo on July 03, 2005 at 24:36:02:
What state are you in and how much are you paying in closing costs? You should already have recieved a good faith estimate. If you want, you can fax that to me and I can tell you if its unreasonable. I don’t know that you would want 103% or more loan. Even if I can’t do a loan in your state, I will get you set up with someone that can with reasonable costs. Now if your loan amount is low then I can see why you would need more than the sellers 3%. But if it is high, then you shouldn’t need more than 3%. But that is just my opinion.
Jorge Carrejo
www.eznewloan.com