10% down and not FHA!

Property type: Three-bedroom, two bath in Half Moon Bay

Appraised value: $585,000

Loan amount: $508,000

Loan type: 30yr fixed

Rate: 5%

Back story:

For a long time in this economy the only way to do a 10% down mortgage was through FHA. This loan makes the blog because it was the first loan we’ve done in a long while that was approved at 10% down outside of FHA!!

And, as always, it closed in less than 30 days!

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