100% fianancing??? - Posted by Jeff

Posted by rowe111 on February 25, 2000 at 15:43:43:

If you are referring to acquiring future mortgages through traditional ways like banks and lenders, you will have to qualify meaning your income will need to support your existing mortgages as well as the one you are applying for.

100% fianancing??? - Posted by Jeff

Posted by Jeff on February 22, 2000 at 15:53:51:

I have went through the CS program and have a question about a technique.
If i found a home for $100,000 and put down a 20% down payment then took out a 100% equity loan to get my down payment back and get 100% fianancing(there are loan companies in my area that will do this type of equity loan)
would this technique work repeatedly??
Please respond i need help.
Thank you everyone for your help.
This is a GREAT web site with alot of GREAT helpful people here.
Jeff

Re: 100% fianancing??? - Posted by cory

Posted by cory on March 09, 2000 at 20:51:40:

this can work, however i have found a company that will finance 100% of the loan. if you want emial me and i will give you their name and number.