A few days ago
100% financing for first time homebuyer?
So I understand what types of qualifications/criteria determine what type of loan program a borrower might get. My only question is; does any banks or lenders provide 100% financing, 90/10, 80/20 or what about this thing I hear about ‘seller carry’, I guess its where the seller agrees to sell the house at a higher price to cover all the closing costs and downpayment?
Heres mine:
-My high FICO is 832(dont know my middle)
-330K loan amount
-I can provide full income documentation
-house is a single family residence and I will occupy the home
-want/need 30 year fixed mortgage
-I live in California
Top 1 Answers
A few days ago
Favorite Answer
The idea sounds like a fantasy to me, but check it out with the California Department of Education.
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