Financing in 89156>Question Details

kevin.cattie, Home Buyer in Summerville, SC

Who can offer financing for a new purchase when I already own a Condo, that would not require a significant amount of Money down?

Asked by kevin.cattie, Summerville, SC A moment ago

My condo is just in my name, but got married & have a kid so decided to rent a house, but we really want to buy a new Starter Home, road blocks with direct banks require a certain amount of Equity in the Condo plus 15% down. Problem is, my Condos are come out of class action, lawsuit was won & settlement pending, but our Values dipped under the balance I currently owe. We are jut looking for a Starter Home in the $75-$100k range, very affordable, but bank restrictions seem to block me from moving forward, help.

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