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Is it possible to borrow 100% of the purchase price?

April 26, 2017borrow possible price purchase

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Is it possible to borrow 100% of the purchase price?

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Yes. It is possible to get either a 100% 1st mortgage or a 100% combination of a 1st and 2nd mortgage (i.e. an 80% first and a 20% second). These loans have a higher interest rate than a normal loan where you make a down payment.

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Yes. It is possible to get either a 100% 1st mortgage or a 100% combination of a 1st and 2nd mortgage (i.e. an 80% first and a 20% second). Please contact a mortgage specialist at Crosstown Mortgage Group, Inc for more information.