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White Oak Bend : Real Estate Advice

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Mon Feb 24, 2014
Sahar Samadian answered:
Hello Ajaz,

The lender will still have to review your financials to confirm if they can lend despite your 50% down payment of the sale price. They will definitely be asking you further question and still analyzing your financials without question just as they would with any loan they make to anyone. Just because you put 50% down on the sale price does not guarantee an approval from the bank. They use many different factors when determining your rate, and loan amount and approval. ... more
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