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re: Simple Question about being pre-approved for a mortgage

Posted on 1/6/13 at 8:49 am to
Posted by kaaj24
Dallas
Member since Jan 2010
621 posts
Posted on 1/6/13 at 8:49 am to
Yes, if you're willing to put down money you could buy a more expensive house.

If you have great credit you can put down 5%. Ask you're lender for your specific situation.
Posted by Lsut81
Member since Jun 2005
80244 posts
Posted on 1/6/13 at 8:51 am to
quote:

If you have great credit you can put down 5%. Ask you're lender for your specific situation.



shite, I thought with an FHA and good credit, you only had to put down 3%? Is that not the case anymore?

It was an option when I purchased 1.5yrs ago
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