Can i get a $100k Mortgage for a $50K dollar home?
Added (1). I have been looking at homes and i'm considering getting one around the 50k dollar range. Looking at what most banks that i want to work with offer it is a better deal to get a 100k dollar loan because of interest etc. I can't afford a 100k dollar home/loan. Unless i could take that other 50k and knock out all my existing debt and only have my house payment. Is that even an option? THANKS
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