if ur parents are financially ok, i think better option is get the loan from your parents; besides better interest - you save the hassle dealing with the banks, which are money suckers....and the banks can possibly be the one that slow down the purchase of home

if you cut out the bank, you can also save on the loan agreement fee...unless ur parents want to have a loan agreement with you

This post has been edited by leongal: Feb 28 2010, 12:09 PM