Some of the area’s wealthiest buyers may be getting a mortgage without putting a single dollar down. And we aren’t talking about single-bedroom fixer-uppers, either! It's called 100% financing, and, at first blush, it looks suspiciously like a version of the strategy that sent the economy reeling in 2008. But lenders feel that well-heeled Naples, Florida residents who are getting a mortgage through these programs are totally different. How so? you may ask. For openers, these loans are offered only to the super-qualified: those with serious investment portfolios they can use as collateral. That means getting a … (2 comments)
free: Easy and FREE Way To Do All Your Social Marketing!
- 08/23/12 03:38 AM
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- 01/16/11 04:48 AM
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- 12/20/10 01:33 AM
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- 04/08/09 12:32 AM
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