With all of the hype, it sounds like all of the mortgage companies have closed their doors and bolted out of town. The truth, as we know it, is that the mega-majority of lenders are still in business, still answering their phones and MAKING GREAT LOANS.
I'm not a mortgage guy. I'm not writing this, so you'll call me to check on mortgage rates. I'm writing it to make sure you know that there are many options out there.
We're seeing things like:
-90/95/even 100% loans
-0% down loans
-"Seller pays closing cost" loans
-Seller pays for repairs
-100% loans and Seller makes mortgage payments for 6 months
and these are coming from MAJOR LENDERS.
If you want to know more, call me or your favorite mortgage person!
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