If you have excellent credit, and can finance through whomever you want, is a 20 % down payment required when buying these homes in surfside beach,

Asked by karenlionti, Surfside Beach, TX Tue Oct 11, 2011

tx.? Is this possible?

Help the community by answering this question:

+ web reference
Web reference:


, ,
Tue Oct 11, 2011
I know of no restrictions to financing in Surfside.

There is plenty of money at 3.5% down on FHA loans and 5% down on conventional.

The 20% down restriction 'usually' applies to folks with sub 680 FICO scores.

Pleas feel free to contact me for any follow up questions!!!

Tom Burris
Mortgage Banker
(214) 763-4629 cell/text/nights/weekends(Really!!)
Lending all across the entire Great State of Texas!!
1 vote
Rosann Tate, , Lake Jackson, TX
Tue Oct 11, 2011
I have not had a client buy a home at Surfside that had good credit have to put 20% down. It always depends on the lending company you are using.
0 votes
Dallas Texas, Agent, Dallas, TN
Tue Oct 11, 2011
You need to refer your question(s) to mortgage broker for loan approval and determine what works best for you AND confer with CPA

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
0 votes
Alain Picard, Agent, Puyallup, WA
Tue Oct 11, 2011
No you shouldn't have to put 20% down however you will have to talk to a lender and they will be the ones that will determine how much of a down payment you will need to have.
0 votes
Scott Godzyk, Agent, Manchester, NH
Tue Oct 11, 2011
Your best bet is to meet with a local and trusted loan officer who can look at your credit and financials and see what programs are available. They can also break down required down payments and closing costs.


Please see my blog for tips on getting a mortgage
Web Reference:  http://www.ScottSellsNH.com
0 votes
Sandra Graham, , Lake Jackson, TX
Tue Oct 11, 2011
It depends if it will be your main home or second home. It also depends on your lender.
0 votes
Search Advice
Ask our community a question
Home Buying in Freeport Zip Codes

Email me when…

Learn more