100% Percent Financing With Good Credit?

Our bank of 15 years is saying they do no 100% financing. 800s business score. 780 personal. who does financing for investment properties at 100%?

Comments(3)

  • billfaith13th March, 2006

    I have used local banks and a local mortgage broker. I get mailings now and then offering 100% investor loans. I have been quoted around 8% lately with no points. They have been telling me they are getting harder to do, but they still do them. I know no large banks do them here (US Bank, Wells Fargo).

  • clevincc13th March, 2006

    From my looking, I have found 100% but at a cost. Closing costs are high and either you pay PMI or do an 80/20 slit. The interest rate on the second is high (credit score of about 730)

  • loandudefromsac14th March, 2006

    call up a reputable loan officer in your neighbor hood. The broker world can save you a lot of money, because many of the best invester lenders, do not a have a traditional building to walk into. Ask some friends who treated them right. Greenpoint is one of the best investor lender.

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