Posted on: 28th May, 2011 05:07 am
if i buy a property valued at £93,500 and the owner sells it to me for £80,000 how much deposit will I need if the ltv is 75%
Hi lynholmes!
Welcome to forums!
Are you speaking about down payment? In case of conventional loans, you will have to offer a down payment of around 20%.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Are you speaking about down payment? In case of conventional loans, you will have to offer a down payment of around 20%.
Feel free to ask if you've further queries.
Sussane