Posted by Brenda Harper on July 15, 2003 at 18:23:34:
Christie,
With 20% down stated, you can get a loan for around 7%. I’m guessing high right now, but I believe I am close.
My office is in Frisco TX and we work with over 300 lenders and investors. I know we can get you a loan without the seller taking a second.
Office 972-712-5626
Cell 469-767-6805
Financing options for stated income??? - Posted by Christie (TX)
Posted by Christie (TX) on July 15, 2003 at 15:11:46:
I made an offer on a 3/1 SFH that should appraise at about $140. If the offer is accepted, I will be looking for financing of at least 80% of the value of the home. I am self-employed 2 years, in the same profession for 7. My credit score is 650. Owner may be willing to carry back part of the note.
Should I be looking into conventional financing? Can I do this zero down?
Thx!
Christie