Getting a loan for the appraised value, then paying less - Page 2

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Getting a loan for the appraised value, then paying less

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#11

04-01-2006, 01:20 AM

steamboatin steamboatin is offline

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Location: Here I am, brain the size of a planet and I can\'t beat the 2 cent O/8 game on UB. Depressing, isn\'t it?

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Re: Getting a loan for the appraised value, then paying less

Buy it on contract or have the seller carry a first mortgage, whatever is typical in your market. Countrywide home loans will refi it the next day and let you pull your equity out. ASSUMMING you have good credit and verifiable income, etc.

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