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» Can you get a 30 yr mortgage for a house under
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10-14-2009, 08:07 PM
ZoeNoel
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Can you get a 30 yr mortgage for a house under
$100K? *Good credit, just looking to purchase first home - small (single, no kids)
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10-15-2009, 06:47 AM
MDrape
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of course you can
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10-15-2009, 11:30 AM
sheloves_dablues
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Not likely. $100K over 30 years is $3333/year, which is less than $300/mo. Even with interest, it's not likely any bank will be willing to carry you for 30 years if they're only getting $300/month. But you never know...
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