Rob Henry E-mail me: loan@robhenry.com Phone (330) 945-7000 • Fax (330) 945-7277 Also visit: Mortgages by Rob Henry What is meant by the term creative financing? One creative way to purchase a home is to have the seller hold back a 2nd mortgage. Sometimes, due to lower credit scores, lenders will only loan 80 or 90% of the homes value, but will allow up to 100% Combined Loan-to-Value (CLTV). This means that the borrower can finance the whole transaction, using a regular mortgage for the 1st and the sellers financing for the 2nd for a total of 100% of the purchase price. Other Websites: Loan Officer | What should I know about refinancing This is not a commitment to lend. Restrictions may apply. Information is subject to change without notice. All loans are subject to credit approval. Equal Housing Opportunity. 1730 Akron-Peninsula Road • Akron  OH 44223

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