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Originally Posted by TFWFalcon
Do not try lie post here ok! and your details is not accurate. many mortgage banks not show 4%. It is Fannie Mae has only 4% so it was for disabled and low income. Plus you mention 450,000 loan and 70,000 for equity. That is disfigure mathematic.
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Traditional banks cant lend that low. Only one mortgage company can and thats the Guild Mortgage in Las Vegas and this company receives the funding from Fannie Mae & State goverment for distribution to borrowers.
It is specifically designed for first home buyers with disabilities & low and middle income.
However, do your homework and No I am NOT LYING.
I want to share with my fellow people who doesnt know about this product and i thought its a good way to spread the word.