DOES ANYONE KNOW WHICH BANKS IN UTICA, NY AREA GIVE 100% HOME FINANCING?
I AM LOOKING TO PURCHASE A HOUSE AND LOOKING FOR 100% FINANCING. ANY SUGGESTIONS WHAT BAKS CAN OFFER SUCH DEAL?
Answers (1)
FIRST ANSWER
I do not know of any bank, AT THIS TIME, that is giving 100% financing. BUT, FHA OR SONYMA might be the way to go....you do need 3.5% down but you can add 6% on top for the closing costs w/FHA and that would be 103% financing....or SONYMA will give you an additional % that you dont have to repay (years of occupancy are required) that might work well for you....It is a tricky situation,,,,call me if you have further questions. Gina Clark, Broker, 845-344-1480, Real Estate Circuit
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