Home Buying in Apple Valley>Question Details

Claudia, Other/Just Looking in 90201

Are there any good loans out there that the insterest is not high and pmi is not high with 100% financing.?

Asked by Claudia, 90201 Mon Sep 8, 2008

Honestly it's so frustrating, I really don't know what way to go, I was thinking of calfha, but as I heard the interest is high and so is the pmi, How are supposed to make out here, if everything is so difficult. We have great credit, the only problem is the downpayment, but yet there are not many loans out there that can help us make our dream of owning a home true!

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Talk to Orrin Joseph and have him put you in touch with a local lender. Ask the local lender about FHA with a 3% dp. You should be able to afford a 3% dp, if not save up for a short time. It's possible, don't give up your dream!
0 votes Thank Flag Link Mon Sep 8, 2008
100% financed loans are of the past. All lenders NOW require you have a downpayment returning how homes were purchased years ago.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Mon Sep 8, 2008
Did you forget to include closing costs?
0 votes Thank Flag Link Mon Sep 8, 2008
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