My New Blog

The short answer is "probably not" in this market.  Due to the credit crisis we are currently experiencing, in which lenders were too free with their money during the recent real estate boom, lenders have now swung back the conservative side and mostly are looking for very solid loans, with good credit, 10% to 20% down, and full documentation on your income.

There are a very few 95% loans out there, but very hard to get.   If you need a repututable lender or mortgage broker, talk to your agent.  I always make sure that I have 2 or 3 strong lenders that I can provide to my clients so they don't get burned by someone who promises things that they can't deliver.