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Updated over 6 years ago on . Most recent reply

Bill Partin's profile image
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Bill Partin
  • Member since Dec 10, 2019

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Bill Partin's profile image
Bill Partin's profile image
Bill Partin
  • Member since Dec 10, 2019
Bill Partin
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Buying & Selling Real Estate

Question: mortgage loan

Bill Partin
Posted

I have 20% down and 160K loan for a 200k home. My new realtor says I can not do that and that my loan approval has to be for 200K even though I have 20% down. Is this true? or is the agent just trying to increase closing cost? because basically that is all that this would effectively do.

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