Financing in Gladwyne : Advice

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Erica Ramus, Real Estate Pro in Pottsville, PA
Erica Ramus answered:
I will be purchasing a home soon. Is it best to use a 401k loan for the down payment or to reduce my credit card debt before applying for mortgage?
Erik's answer (first one to reply) is excellent! I personally would borrow from 401k to pay down higher interest debt. And I would pay PMI to put down only 5-10%.
0 votes Share Flag Thu Jul 28, 2011 Financing in Gladwyne
Gwen Janicki, Real Estate Pro in Haverford, PA
Gwen Janicki answered:
Where to find best interest rate for jumbo loan to physician in secure employment? Looking in Main Line, Phil
a lot of great answers....curious about the result. Did you get a great deal on your Gladwyne real estate purchase?
0 votes Share Flag Thu Jul 28, 2011 Financing in Gladwyne
Main Line Ne…, Home Buyer in Gladwyne, PA
Main Line Newbie asked:
I'm curious about "securities-based" financing. We currently rent and like having dividend stock income. My understanding is that in lieu of a down payment, the borrower's portfolio is put up as collateral, that stocks can still be traded (under certain restrictions), and thus the borrower…
0 votes Share Flag Wed Jun 3, 2009 Financing in Gladwyne
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