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Results 1 to 6 of 6
  1. #1
    arianna is offline Renter
    Join Date
    Aug 2008
    Posts
    2

    Default Needed guidance in respect of loans

    I

  2. #2
    Enigma869 is offline Renter
    Join Date
    Sep 2008
    Posts
    1

    Default

    [quote=arianna;41910]I

  3. #3
    Mike Taylor is offline Condominium
    Join Date
    Sep 2007
    Location
    Indianapolis
    Posts
    302

    Default

    Enigma is right, because of the "credit crisis" banks have clamped down on loan products like the one you are asking about. I am quite sure they are out there, but they will cost significantly more than a full doc loan.

  4. #4
    jamesww's Avatar
    jamesww is offline Home Owner
    Join Date
    Apr 2008
    Location
    Houston, Texas
    Posts
    631

  5. #5
    austinki is offline Fixer Upper
    Join Date
    Sep 2008
    Posts
    18

    Default loans

    If you cant get a loan for the properties you are looking at are there any cheaper properties in your area you could get a loan for. At least in my market there are homes as cheap as 70k.
    We provide help to people looking in the Austin real estate market.

    Site Austin Real Estate
    MLS Search Austin MLS
    Blog Austin Real Estate Blog

  6. #6
    Greg is offline Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,281

    Default

    If you don't have enough income to get the loan then you can not afford the property. Do yourself a favor and do not get a loan you can not afford.

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