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Old 08-31-2007, 07:36 PM  
Snake Doctor
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Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
Quote:
Originally Posted by Forest View Post
huh?

show me a bank that will finance u with 5% down in today mortgage climate unless they are financing you for other properties

15% or more is closer to the mark especially with first time buyers
There are plenty who will do 5% down, if you have the credit score and income verification to go along with it.

Having a 1st and 2nd mortgage on a new purchase isn't the same as a subprime loan.
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