Posted on: 05th Jul, 2011 01:47 am
I want a mortgage loan for my home.
Clearly, such an open-ended question is virtually impossible to answer. There are loans made in the millions of dollars quite regularly. One's ability to obtain the mortgage that one needs is based on credit, income, the value of the specific property vis a vis the sales price - hopefully similar; also assets and access to them.
It's also possible to obtain a loan for as much as 97% of value if one chooses to obtain an FHA loan, though maximum amounts are limited.
There are still private lenders in the market who can provide loans in all sorts of amounts.
Pick and choose.
It's also possible to obtain a loan for as much as 97% of value if one chooses to obtain an FHA loan, though maximum amounts are limited.
There are still private lenders in the market who can provide loans in all sorts of amounts.
Pick and choose.
Hello, the title might be a little darker than I needed to be, but I feel I just have to share this somehow.i am 20 years old, 5'9'' and 167 lbs today, last August I was about 145 lbs and I thought THAT was huge. I eat junk every day.:)hope to get to know you guys soon!
The largest amount you'll receive is based upon your income, employment, credit and assets. The programs that don't require any money down are VA Guaranteed Home Loans and USDA Guaranteed Home Loans .