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BlackEleven · 05-12-2005, 08:42 AM

You can always try waiting until you save the extra 8% you need. Unless you've found a house right now that you want...

You can also try "borrowing" money from family/friends if you have someone generous in your family. If you get a letter from the person saying the money is a gift, the bank will accept that. Or if someone you know is willing to be a guarantor on the mortgage, the bank will accept that as well. Not the best options, I know...

05-12-2005, 08:42 AM	#4
BlackEleven Redundant Minister of Redundancy Join Date: Apr 2004 Location: Montreal Exp:	You can always try waiting until you save the extra 8% you need. Unless you've found a house right now that you want... You can also try "borrowing" money from family/friends if you have someone generous in your family. If you get a letter from the person saying the money is a gift, the bank will accept that. Or if someone you know is willing to be a guarantor on the mortgage, the bank will accept that as well. Not the best options, I know...