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re: Home Loan Under 50K?

Posted on 5/15/11 at 8:57 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/15/11 at 8:57 am to
quote:

Try a 15 yr loan. $50K @ 4% is < $500/mos



What does that have to do with it?

I'm not a retail banking genius, but this doesn't seem like it should be a factor.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9336 posts
Posted on 5/15/11 at 10:12 am to
I believe the GSE programs have a minimum loan size, think between $100-150k.

To the OP, check with some credit unions, you may find them more desirous of your business.
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