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No money down

Asked by: 87 views Home Loans

Is there such a thing as 100% loan or can I borrow the entire value of the house so I wont have to put any money down when I buy. I would like to fix up a home and sell it in Royal Oak, MI.

Thanks Eric

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  1. loanmichigan on Jan 22, 2012 Reply

    This may be a challenge for an investment home as you usually need more of a down payment than say it is for your primary residence. Getting a review of your finances and eligibility by an experienced mortgage professional should be your first step.

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