A few days ago
Anonymous

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
Anonymous

Favorite Answer

The idea sounds like a fantasy to me, but check it out with the California Department of Education.
0