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110% financing 110% financing
Please Note: Because of the sub-prime lending overhaul this financing is very hard to get. You must meet certain qualified requirements including FULL DOCUMENTED income, meet certain DTI (debt to income) requirements & have to be able to verify assets & your ability to make new monthly payments. The term "stated" does not exist with this loan.
We have a unique cutting edge loan product now available to the public catering to people who have good income but may have acquired too much debt and is either effecting there credit score or keeping them from being able to make a house payment they could otherwise afford.
Whether you bought that new car, truck or boat to soon, or you had an unexpected emergency come up and had to max out those credit cards, you can pay off all your debt AND get a home with no money down. You will have one loan with one payment! Oh and did I mention your consumer debt will now be a write off and you will probably be paying about two thirds less then if you hadn't consolidated all your consumer debt!
So for example if you wanted to purchase a home for $500,000 but had $50,000 worth of debt, we would get you one loan for $550,000 with one payment! This loan allows you to get up to 10% more then the purchase price of the home and pay off debt.
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