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Old 12-02-2008, 06:10 AM
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Default I need 100% financing for my home purchase

Can any direct me if it exists to a mortgage company that can do 100% financing. I am looking for any lender but the rate is somewhat important. Do these products even exist?
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Old 12-02-2008, 08:04 AM
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my hunny did 100% financing on his keystone mortgage, some bank have special programs for MD's and medical student graduate.
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Old 12-02-2008, 08:08 AM
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ANZ & St George were doing them last year & I would recommend St George... both of them will shaft you, St George slightly less.
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Old 12-02-2008, 09:28 AM
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No, they are not available for the general public anymore.With today's mortgage market, a minimum of 3.5% down is required, and they will do thorough checks on employment, and ensure the appraisal is as close as possible to true market value.Yes, St George is one of the banks doing minimum 3.5% down payment.Many people in the medical industry do qualify for 100% financing through certain certified association affiliated banks. This is mostly for doctors and surgeons that have been employed for 2+ years.Hope this helps, ;-)
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Old 12-02-2008, 10:43 AM
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They will if you have acceptable collateral, such as land.
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