Financing in Freedom>Question Details

Kathy, Home Owner in 46033

23 acres and a 1 room cabin why do i have to put so much money down for a place to go on the weekends?

Asked by Kathy, 46033 Thu Mar 17, 2011

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If it's an investment property or second home then it's about risk. A lender wants to make sure that their risk is reduced being a second property and that you have a vested interest which is part of they want so much down.
0 votes Thank Flag Link Thu Mar 17, 2011
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