is it possible to get a loan on a home for around $55,000 with 10% down?

  • April 30 2013 - Strawberry Mansion
  • 0Yes

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Answers (7)

I would start with a local (community) bank or credit union.  Best of luck to you.
  • June 04 2013
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It is possible, banks tend to steer away from loaning money on amounts lower than 50k.
  • May 15 2013
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Yes it is. You should contact a local bank or lender to discuss your best financing options considering your financial situation and decide what program best fits your needs.
  • May 03 2013
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Profile picture for Chris A. Lewis
Yes it is. Depending on what type of loan you are interested in there are FHA, PHFA and Conventional loans that may be a good fit for you. Some FHA and PHFA loans only require 3.5% down.
  • May 03 2013
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Yes it is.
  • May 03 2013
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It is possible. Feel free to contact me on my profile to go over your scenario and get options.
All The Best

  • April 30 2013
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Your best bet is to check with some local credit unions or small local banks in your area.  They can handle loans similar to this.
  • April 30 2013
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