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re: Home Finance Question/s: Down Payment and Colatteral
Posted on 7/28/12 at 3:45 pm to EasyTiger
Posted on 7/28/12 at 3:45 pm to EasyTiger
Looks like you probably make too much for USDA. 3.5% FHA is available, and there are more 5% Conventional loans out there than people realize. You don't need collateral, just a great credit score and cash.
Closing costs can be rolled into the price of the home, have the seller pay them, etc.
(A lot of this depends on your location as well....)
Closing costs can be rolled into the price of the home, have the seller pay them, etc.
(A lot of this depends on your location as well....)
This post was edited on 7/28/12 at 3:46 pm
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