Help me understand this

[LhcBrad]

How can this be? This was taken 12-5-07 I thought this was a No No in todays world of Foreclosures. It makes me wonder what is really going on in todays market.http://***boat.com/forums/attachment.php?attachmentid=44615&d=1196974886

[USCFAN]

:confused:

[maxwedge]

That's a dollar more than a lot of people put down on a home. If you have good credit they'll be happy to finance you for even more than the value of the house with no money down.

[socalmofo]

It's amazing what people now believe because of the media.
There is still 100% financing. There is still stated income loans. You just need to be more qualified than before.

[LhcBrad]

Thanks for explaining. There is still hope for me to own again ive been saving. Feel free to photoshop this thing I need a good laugh.

[dunaholic]

There are planty of ways to get 100% financing still. As said before you just need to be more qualified to do so. There are still programs that can get you 100% up to a $417,000 loan amount (conforming) with a credit score of 580. These programs are full documentation only. Meaning that you have to really be able to afford the house.

[uLtRADeNniS]

It's amazing what people now believe because of the media.
There is still 100% financing. There is still stated income loans. You just need to be more qualified than before.
I second this!