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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Debt Free who wrote (10166)	8/11/2008 2:07:23 PM
From: Real Man	Respond to of 71454

Things are different now that the housing bubble popped, so you'll need to work with a mortgage broker to find out what the options are at the moment. I think you could get an FHA loan with < 20% down, but that was a few months ago. My understanding is that 90% of loans for new purchases could be FHA at this time. There were many options when the bubble was booming that are simply not there anymore. Quite a few of the reasons were discussed on the credit bubble thread and other SI threads.