Funding from two different banks for one house?
My current loan is 80/11/9 from bank of the west. the bank gave us loan commitment for $404,000. but the other 9% totaling 45,000 is unsure until coming Tuesday or Wednesday and my loan contingency is due on Thursday. As a backup plan, can I get approved for a second loan from another bank? If I can, what bank may allow it? by kspiel_421_721 from Appleton, Wisconsin. Sep 13th 2011
SEAN WRIGHT (LANDMARKMORT)
#6 ranked lender in Wisconsin - 50 contributions
If I understand correctly, you are in need of a 2nd mortgage for 9% of the down payment.There are a few local place that still go up to 90% on an Equity Loan. Give me a call and I will try to see what we can get approved. Or go online for an application. www.landmarkmort.com (920) 391-4234
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