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  1. #1
    Silverobama is offline Senior Member
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    What does this sentence mean?

    Hi,

    What does this sentence mean?


    A 90% mortgage is one in which the buyer of a house is lent 90% of its cost.


    Thanks a lot

  2. #2
    SoothingDave is offline VIP Member
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    Re: What does this sentence mean?

    It means that if I want to buy a $100,000 home, that a 90% loan will be where I pay $10,000 and the bank loans me 90,000.

  3. #3
    Silverobama is offline Senior Member
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    Re: What does this sentence mean?

    Thanks a lot

  4. #4
    Silverobama is offline Senior Member
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    Re: What does this sentence mean?

    What does the "its" stand for in this sentence?

    Does it mean "house"?

  5. #5
    Silverobama is offline Senior Member
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    Re: What does this sentence mean?

    Help, please.

  6. #6
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    Raymott is offline VIP Member
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    Re: What does this sentence mean?

    Quote Originally Posted by Silverobama View Post
    What does the "its" stand for in this sentence?

    Does it mean "house"?
    What else could it possibly stand for?

  7. #7
    Rover_KE is offline Moderator
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    Re: What does this sentence mean?

    Silver, note that 90% mortgage would have been a better title for your thread.

    Rover

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