We put an offer on a home path property for $215000 with 20% down and 3% closing cost. Should we go with a conventional loan or homepath financing?

Asked by celjo, San Diego, TX Tue Oct 2, 2012

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LuLu DeBolt, Agent, La Crescenta, CA
Wed Oct 10, 2012
If depends on your finantial how much can you afford .also what kind of a sale, In this market
Buyers investors they go cash $$ or conventional loan ,Talk to your loan officer and realtor.
0 votes
carlos parra…, Other Pro, Monrovia, CA
Wed Oct 3, 2012
Who offers the best rate? The lowest closing costs? The quickest Loan? Other terms? It is already a Homepath property so it should qualify for Homepath financing.
0 votes
SERGEY FEDNOV…, Agent, Beverly Hills, CA
Wed Oct 3, 2012
You should talk to your loan officer and compare loan terms to determine which financing will work better for you.

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Morcos Azer, Agent, La Habra, CA
Wed Oct 3, 2012
It all depends on the property condition and on your financial situation. Some properties qualify only through certain programs. Also, the more down payment you pay the lower your mortgage payment will be.
Good Luck
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