Financing in 19003 : Real Estate Advice

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Michael Fran…,  in Montgomery County, PA
Michael Francis Melroy answered:
I found a mortgage provider willing to do an 80/10/10 loan due to my exceptional credit score and low debt to

Your question should be addressed by the mortgage provider that is willing to do the 80/10/10 loan. A good faith estimate should be provided as well as the pros and cons. ... more
0 votes Share Flag Mon Jun 22, 2009 Financing in 19003
Michael Rayno, Real Estate Pro in Cape May, NJ
Michael Rayno answered:
I am a first-time home buyer and am curious about FHA loans. Do these help avoid mortgage insurance? Is there?
An FHA loan is gong to allow you to purchase a home with as little as 3 % down. This loan is guaranteed by the gov't. so banks are not as reluctant to make this type of loan.
The catc ... more
0 votes Share Flag Wed Dec 2, 2009 Financing in Ardmore
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