HI Paul, It depends on your age and the current market 10 year swap rate (which today is very low). In other words, the older you are, the more they lend you as a percentage of your home. And the lower the interest rate is, the more they lend you as a percentage of your home. I hope that makes sense. Feel free to give us a call and we would be happy to tell you exactly what % you can get. No obligation or personal information necessary. While we cant change your age, the interest rates are near ALL TIME LOWS right now. So its a good idea to call soon before they go up! Thanks for scoping us out and we look forward to earning your business.
Your house needs to have an appraisal. I had mine at $187000. I got 90000.
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