Home Buying in 12491>Question Details

manny, Home Buyer in Cumming, GA

Contract price = 59,000. I am putting down 20% loan is 47,200. Appraiser came at $80,000 . Can I get cash back increasing my loan to 64,000?

Asked by manny, Cumming, GA Sun Mar 31, 2013

Single family, owner occupant. 64,000 is 80% of appraised value.

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1
No you can not get cash back when you buy a home
0 votes Thank Flag Link Sun Mar 31, 2013
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