Property Q&A in Los Banos>Question Details

NULosBanos, Other/Just Looking in Los Banos, CA

is it possible to get a $30K loan for a home that I will be buying straight from the owner? They fully own the house the bank has no part in it.

Asked by NULosBanos, Los Banos, CA Fri Oct 5, 2012

I'm looking to buy a home through the owner itself. They own it outright. She wants to sell the home for 136,000. we would like to work it as i get a loan for 27000 (for the down payment to her) and then the remainder of the 109000, I would be making payments to her as if she was the bank. What would be the best way to go about it and can i get a loan for that amount under a home loan?

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