Archive for: November 6, 2006

What is an 80-10-10 loan.

These are sometimes refered to as piggyback loans.  They are used to creatively purchase your home.  If you con not have a lot of cash, this loan allows you to qualify for a higher mortgage, with …

125 % Loan -

What is it?  A 125% loan is a special type of loan (second mortgage) that allows you to borrow up to 125% of your home’s value.  This is done regardless of the amount of equity you have.

125% loans are …

What we all dread when trying to buy a home. 

First find out why you were turned down.  Ask for an explanation.  They are required to tell you in writing within a 30 day time period.  Usually the reasons are inadequate …