Posted on: 04th Mar, 2011 01:31 am
Hi,
If my credit scores are in the 800s, and I have no debt except a car loan, can I get a construction loan to permanent loan with 10% down?
Thanks!
If my credit scores are in the 800s, and I have no debt except a car loan, can I get a construction loan to permanent loan with 10% down?
Thanks!
Hi MIgirl,
You will be able to get a mortgage with the excellent credit score that you have. However, in order to get a conventional loan, you'll have to put 20% down payment or else you'll have to go for PMI.
Thanks,
Jerry
You will be able to get a mortgage with the excellent credit score that you have. However, in order to get a conventional loan, you'll have to put 20% down payment or else you'll have to go for PMI.
Thanks,
Jerry
Hi MI GIRL,
if you own the land then surely you will get mortgage with 10 % down as well..It is always advisable to go through 2-3 resources and then finally choose the best deal..especially it must be done when you meet eligibility criteria and does have a choice to choose from variety of sources...
DIPA
if you own the land then surely you will get mortgage with 10 % down as well..It is always advisable to go through 2-3 resources and then finally choose the best deal..especially it must be done when you meet eligibility criteria and does have a choice to choose from variety of sources...
DIPA