Asked by Jane Doe, 19096 • Fri Jan 23, 2009
excellent. I would like to purchase a home/townhouse/condo for about $250,000 putting half down and financing the rest so that the mortgage is low. Because my income is not high, would banks look favorably on this scenario? If so, can anyone give me a range of what interest rate I might be looking at? I know rates increase when loan amounts are lower. Thanks!!
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