Originally Posted by DakarM
yeah usually they wont finance over 80% in some areas. Bank of America for homes in CA they wont finance over 95% of the value of the home.
Lots of lenders do 100% but the interest rates kind of suck.............what most people do is do a 1st and a silent second to get 100% so they get a decent rate on their 1st and a not terrible rate on their 2nd, right now the going rate on a 2nd is around 7.5% i think.