Posted by E.Eka on October 16, 2003 at 10:20:23:
I’m not trying to throw salt in your deal, but your friend is not that knowledgable on the current state of affairs. Many counties, states and municipaloties etc. have lots of programs for people with not enough down. if she has good credit, she should be able to get a loan/mortgage for 100% financing. She’s not speaking to the right mortgage companies or banks. When I started, i had great credit and no money down and places were throwing their loan packages at me.
Especially if she’s clearing $2900 each month with almost no debt.