I am trying to close on a house that had many issues on the loan. I've even got to the end, and the bank saw a judgement on my credit that the underwriter didnt catch. 2 mos later, my credit has dropped and the bank wants to lend me 95% instead of 100%. I dont have the money to put down, and my realtor is unable to help me with 900.00. The builder and lender are both pitching in,and the lender said he has a friend that is willing to put his name on my loan and will help me, but he dont want to cause bad relationship with my realtor. The full amount I need to come up with is 1900.00. Is it unethical or illegal to do this, and should I feel bad about changing realtors. He is someone I have been aquainted with for years, and I dont want to hurt him. He didnt help me find the house, or anything, but he has been consulting me on this house since I put my ernest money down in July. Im so confused. What is the best/right thing to do? I have to look out for my family and their best intrest too
2006-09-22
03:22:56
·
11 answers
·
asked by
tinahoover2004
1
in
Renting & Real Estate