Posted on: 13th Aug, 2009 10:18 am
does a mortgage=cost of a house?
can anyone solve this equation?
can anyone solve this equation?
what?
yes i want to ask is mortgage is equal to cost of house?
is it true?
is it true?
apparently not, because i can't figure out what you're talking about.
the mortgage amount is what someone borrows. the cost of the house is what someone pays for a house. equal? not as a general rule, no.
are you asking if it is possible to get 100% financing? if that's your question, it'd be nice to see it asked that way. the answer to that is "yes, sometimes."
other than that, i can't begin to figure out what it is you're trying to find out.
the mortgage amount is what someone borrows. the cost of the house is what someone pays for a house. equal? not as a general rule, no.
are you asking if it is possible to get 100% financing? if that's your question, it'd be nice to see it asked that way. the answer to that is "yes, sometimes."
other than that, i can't begin to figure out what it is you're trying to find out.
what conditions can helps me to get 100% finance?
No one is giving 100% financing in thsi market.
Unless you get the loan from aprivate party or your relative
Unless you get the loan from aprivate party or your relative
You can get 100% finance depending upon the lender and your details.
yes, you can
no, you can't
yes, you can
no, you can't
seemingly endless arguments...truly, you can pretty much do anything you want to do if you're willing to pay for it. conventional lenders and fha lenders will not do 100% financing per se.
when buying a principal residence in almost every state, you can actually finance (assuming you qualify) more than 100% of the purchase price, if you factor in primary loans as well as down payment assistance loans. these programs are available through state financing agencies.
to determine whether your particular state offers such loans, you can contact the housing agency within your state government.
no, you can't
yes, you can
no, you can't
seemingly endless arguments...truly, you can pretty much do anything you want to do if you're willing to pay for it. conventional lenders and fha lenders will not do 100% financing per se.
when buying a principal residence in almost every state, you can actually finance (assuming you qualify) more than 100% of the purchase price, if you factor in primary loans as well as down payment assistance loans. these programs are available through state financing agencies.
to determine whether your particular state offers such loans, you can contact the housing agency within your state government.