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Updated about 8 years ago on . Most recent reply

Gina Broom's profile image
Gina Broom's profile image
Gina Broom
  • Real Estate Agent
  • from Joliet, IL
  • Member since Aug 19, 2016
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Gina Broom's profile image
Gina Broom's profile image
Gina Broom
  • Real Estate Agent
  • from Joliet, IL
  • Member since Aug 19, 2016
Connect
Gina Broom
  • Real Estate Agent
  • Joliet, IL
6
Votes |
28
Posts
Creative Real Estate Financing

Loan Help Requested!

Gina Broom
  • Real Estate Agent
  • Joliet, IL
Posted
Is there a way around this? The person selling the house is my W2 employer. Since I know him the loan officer said I have to put down 15%. I cannot do a conventional loan since its only 3 years from my bankruptcy. Is there possibly another option for me to purchase the property? Thank you
  • Gina Broom
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    Aaron Howell's profile image
    Aaron Howell's profile image
    Aaron Howell
    • Real Estate Agent
    • from Crozet, VA
    • Member since Apr 24, 2014
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    Aaron Howell's profile image
    Aaron Howell's profile image
    Aaron Howell
    • Real Estate Agent
    • from Crozet, VA
    • Member since Apr 24, 2014
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    Aaron Howell
    • Real Estate Agent
    • Crozet, VA
    220
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    Aaron Howell
    • Real Estate Agent
    • Crozet, VA
    Replied

    Check with other banks until you get the answer you want.  I'm not sure if you have to (or need to) mention you know the seller.  That's not legal advice but if you forgot to mention it .....

    • Aaron Howell
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