FHA and other lenders have so far approved
Posted on March 11th, 2010 in New Orleans Real Estate | Comments Off
FHA and other lenders have so far approved of or allowed this. Some banks will allow you to have as little as 5% into a home buy, but will then only funding you 80%. Banks generally won’t allow this, but you can combine this with seller financing. It may not be out of charity that a brother or a friend lends you the money to buy a home. You don’t even have to have a job. If you have been in the armed services, have a decent job, and can save two or three paychecks, [...]
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