Yes, it is possible to secure a loan with less than 20% down. There are several loan programs available for you and I can assist in locating a property and finding a new loan.
You are welcome to visit our website: http://www.arrowheadresortrealty.com which has a search engine for all available properties in the Lake Arrowhead area. Or you can contact me directly for assistance.
I look forward to hearing from you.
You certainly can purchase with your credit score of 706. You could do an FHA loan. Let me know and I can put you in touch with several agents that I know are excellent in Lake Arrowhead. And, I can also put you in touch with great lenders that I have worked with in the past. There are many loan programs that they can put you in touch with.
There are even conventional loans that you only have to put 5% down.
I hope this helps!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
Shane Milne | Lending in all 50 states | NMLS #81195
As was mentioned, you can get an FHA loan for first time buyers for 3.5% down. I'd be happyu to refer you to one of my trusted lenders. Contact me at Lon@OrangehillRealty.com or (909) 307-1008.
Nowadays, you will likely have to come in with at least 20%, unless you're a first tie buyer, then it may be possible to get a FHA with as low as 3.5% down. Is this your first home?
Please email me at email@example.com or call 909-273-4542 and we'll discuss this further.
Kathy "Kat" DeLong Realtor #01235311