38 Ways To Finance A House!
1. All cash with no loan.
2. Refinance: Conventional 80% loan with 20% cash.
3. Refinance: Non-confirming conventional 90% loan with 10% cash.
4. Refinance: Non-confirming conventional 95% loan with 5% cash.
5. Refinance: Non-confirming conventional 80% loan with 10% cash, and 10% second, and 80% first trust; eliminates PM; HIGHER RATIOS for Qualifying.
6. Seller carry First Deed of Trust
7. Seller carry First Deed of Trust with second flood of Trust amortizing over 30 years.
8. Seller carry First flood of Trust with second Deed of Trust as a balloon payment.
9. Seller carry First flood of Trust for 5 to 20 years with 30 or 40 year payment plan.
10. Cash to existing assumable conventional loan.
11. Part cash to existing assumable with the seller holding Second Deed of Trust.
12. Part cash to seller with Second Deed of Trust sold at discounted for cash when seller cannot hold.
13. Part cash to seller with Second Deed of Trust discounted for short period of time to raise net to the seller.
14. Part cash to seller with hard money Second Deed of Trust obtained from private lender or investor.
15. New FHA #203(b) Regular.
16. New FHA #203(b) Veteran.
17. New FHA #222 in service.
18. New FHA #221
19. New FHA #235
20. New FHA #236
21. FHA – Assumption; no credit qualifying if loan was made before March, 1988/
22. New VA loan – full eligibility.
23. VA assumption without release of liability.
24. VA assumption with release of liability.
25. VA loan with partial eligibility.
26. VA loan with Second Deed of Trust.
27. VA loan condominium financing.
28. Wraparound, or all inclusive Deed of Trust.
29. Deed of Trust secured by other properties as down payment.
30. Personal notes for down payment secured by marketable assets.
31. Exchange of properties.
32. Trade-in
33. Insured equity loan.State Housing Authorized: CDA, Special Programs, CHB. 1st Time Buyers
34. Equity loan.
35. State Housing Authorized: CDA, Special Programs, CHB, 1St Time
36. Contract wills owner
37. Borrow all or part of down payment
A. Assets
(1) Stocks, bonds, mutual funds or
(2) Other Property
B. Life Insurance
C. Automobiles, trailers, boats, etc.,
D. Relatives
E. Credit Unions
F. Thrift Savings Plan
G. 401K or Retirement Fund
38. Private Investor Financing
