You have been shopping for a new home and have found a house that you would like to buy. The house costs $240,000 and you are planning on putting 10% down, so you want to borrow $216,000.
Purchase Price of home: $240,000
Down payment: $24,000 (10%)
Amount you want to borrow for the purchase price of the house: $216,000
You are contacted by an individual who has found a house she wants to buy. She was given your name by her realtor and is hoping you can help her get a loan to buy the house. The house costs $240,000 and she is planning on putting 10% down so wants to borrow $216,000.
Purchase Price of home: $240,000
Down payment: $24,000 (10%)
Amount consumer wants to borrow for the purchase price of the house: $216,000
| File Type | application/msword |
| Author | Lea Mosena |
| Last Modified By | Reference |
| File Modified | 2011-05-25 |
| File Created | 2011-05-25 |