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Loan Qualification Standards: Qualifying Rate and Payment

 
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Dabareh
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Joined: 12 May 2006
Posts: 9355
PostPosted: Tue Aug 19, 2008 10:59 pm    Post subject: Loan Qualification Standards: Qualifying Rate and Payment Reply with quote
Somebody recently asked me about a deferred payment mortgage for a purchase. The long and the short of the story is that they don't have any cash to put down, and they can't qualify for the payments under any ...

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