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Non-Cattle Specific Topics
Every Thing Else Board
Lending question
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<blockquote data-quote="TexasBred" data-source="post: 1414126" data-attributes="member: 6897"><p>Real estate lenders are just like all others. They want you to have an investment in the property (down payment) giving you something to lose. Makes you a bit more unlikely to bail on them. With all the current regulations I'm really surprised they can get a loan closed in 2 weeks. That's hardly any time at all.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 1414126, member: 6897"] Real estate lenders are just like all others. They want you to have an investment in the property (down payment) giving you something to lose. Makes you a bit more unlikely to bail on them. With all the current regulations I'm really surprised they can get a loan closed in 2 weeks. That's hardly any time at all. [/QUOTE]
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