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Updated about 5 years ago,

Bill Partin's profile image
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Bill Partin
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Bill Partin's profile image
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Bill Partin
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Bill Partin
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Buying & Selling Real Estate

Question: mortgage loan

Bill Partin
Posted

I have 20% down and 160K loan for a 200k home. My new realtor says I can not do that and that my loan approval has to be for 200K even though I have 20% down. Is this true? or is the agent just trying to increase closing cost? because basically that is all that this would effectively do.

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