I have 17,000 left on my mortgage on my business, I am planning on buying a home for 90,000 Should I use my 17,000 for a down pymt. on home mortgage.

Asked by Iona Lutt, Eveleth, MN Wed Oct 17, 2012

Or should I pay of business mortgage and try to finance home mortgage 100% The interest on th business mortgage is 7.25%

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Terri Vellios, Agent, Campbell, CA
Wed Oct 17, 2012
I suggest you have a sit down with a lender and financial planner to determine the best road to take on this one I don't know of any 100% loans. Your income and debt are factored into loans so meeting with someone who controls the money and can look at your entire financial situation is the better course of action.

Have an Amazing Day!
Web Reference:  http://www.terrivellios.com
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