Home Buying in 46807>Question Details

Kurt, Home Buyer in Fort Wayne, IN

I'm looking to borrow about $30k to finance the rest of my home purchase but banks seem extremely reluctant to loan anything less than $50k borrowed.

Asked by Kurt, Fort Wayne, IN Mon Apr 28, 2014

I'm willing to put up 70-80 percent in cash. Does anyone know where a person with very good credit (790) can get a home loan of a lessor amount. Like I say, banks are not interested at all.

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Answers

1
Kurt,
You can always put less down, borrow more and pay more down on the mortgage to leave a low balance, this should resolve your issue.
2 votes Thank Flag Link Mon Apr 28, 2014
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