{"id":29665,"date":"2009-03-10T19:47:48","date_gmt":"2009-03-10T19:47:48","guid":{"rendered":"http:\/\/www.brownstoner.com\/?p=29665"},"modified":"2009-03-10T19:47:48","modified_gmt":"2009-03-10T19:47:48","slug":"possible-to-onl","status":"publish","type":"post","link":"https:\/\/www.brownstoner.com\/forum-archive\/2009\/03\/possible-to-onl\/","title":{"rendered":"Possible to only put 10% down?"},"content":{"rendered":"<p>Is it still possible to get a mortgage with only 10% down? We recently had a deal for the sale of our co-op apartment fall apart because our buyer could not get PMI (she was only putting down 10%). We were advised that in this economic climate, banks are very reluctant to finance 90%. We&#8217;ve put our co-op back on the market with a 20% down payment requirement, but I&#8217;m seeing other apartments listed that only require 10%. Are we losing a lot of prospective buyers by requiring 20%? (By the way, our apartment is priced at $409K, so even with 10% down, a buyer would still be getting a conforming loan.)<\/p>\n<p>Thanks for any advice\/experiences\/thoughts!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is it still possible to get a mortgage with only 10% down? We recently had a deal for the sale of our co-op apartment fall apart because our buyer could not get PMI (she was only putting down 10%). We were advised that in this economic climate, banks are very reluctant to finance 90%. We&#8217;ve&#8230;<\/p>\n","protected":false},"author":22879,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[100],"tags":[],"districts":[],"class_list":["post-29665","post","type-post","status-publish","format-standard","hentry","category-mortgage"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2009\/03\/possible-to-onl\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Possible to only put 10% down?","url":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/03\/possible-to-onl\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/03\/possible-to-onl\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Mortgage","author":[{"@type":"Person","name":"jxc187"}],"creator":["jxc187"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2009-03-10T19:47:48Z","datePublished":"2009-03-10T19:47:48Z","dateModified":"2009-03-10T19:47:48Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Possible to only put 10% down?\",\"url\":\"http:\\\/\\\/www.brownstoner.com\\\/forum-archive\\\/2009\\\/03\\\/possible-to-onl\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.brownstoner.com\\\/forum-archive\\\/2009\\\/03\\\/possible-to-onl\\\/\"},\"thumbnailUrl\":\"\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"\"},\"articleSection\":\"Mortgage\",\"author\":[{\"@type\":\"Person\",\"name\":\"jxc187\"}],\"creator\":[\"jxc187\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"Forum Archive\",\"logo\":\"\"},\"keywords\":[],\"dateCreated\":\"2009-03-10T19:47:48Z\",\"datePublished\":\"2009-03-10T19:47:48Z\",\"dateModified\":\"2009-03-10T19:47:48Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/brownstoner.com\/p.js"},"jetpack_featured_media_url":"","print_hed":"","photo_gallery":[],"print_subhed":"","print_slug":"","syndication_thumb":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts\/29665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/users\/22879"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/comments?post=29665"}],"version-history":[{"count":0,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts\/29665\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/media?parent=29665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/categories?post=29665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/tags?post=29665"},{"taxonomy":"districts","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/districts?post=29665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}