how much diposit do u av 2 put down on a thirty year morage my son is lookin 4 a 95% morgage if there is any out therehow is the best way 2 go about it

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how much diposit do u av 2 put down on a thirty year morage my son is lookin 4 a 95% morgage if there is any out therehow is the best way 2 go about it

smith.sussane

Posted on: 26th Mar, 2010 12:49 pm

how much diposit do u av 2 put down on a thirty year morage my son is lookin 4 a 95% morgage if there is any out therehow is the best way 2 go about it...nathan james monson 25 dean court bolton lancashire bl1 2sa

Total Reply : 1

Hi Guest!

Welcome to forums!

If your son is planning to take a conventional loan, then he will have to pay a down payment of 20%. If he is unable to pay 20% down, then the lender will ask him to go for a private mortgage insurance.

Sussane

smith.sussane

Posted on: 26th Mar, 2010 09:12 pm

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