Thread: About to buy a house
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  #19  
Old 07-27-2005, 03:41 PM
Patrick del Poker Grande Patrick del Poker Grande is offline
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Join Date: Apr 2004
Posts: 8
Default Re: About to buy a house
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So if your current home appraises for $100K, you can borrow $80K, or do I have it backwards?

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Right. Without getting into other crazy things, you can borrow up to $80k before you have to pay PMI.
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