How To Use Carryback Financing

I need a simple example on how to use carryback financing to achieve a zero down payment transaction. Here's the scenario. Buyer has an approval for a 90% CLTV, Must Show 10% in certified funds, and seller can only contribute 3%. thanks.

[ Edited by CanUBelieve on Date 01/25/2004 ][ Edited by CanUBelieve on Date 01/25/2004 ]

Comments(1)

  • tinman175525th January, 2004

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