We are considering purchasing a house within the next year or two. It would probably be an FHA loan because coming up with the down-payment is one of our biggest challenges. Right now we pay almost $1100 a month just in rent and price range of homes we were looking at would have a monthly payment of around $600 (even with the low down payment from FHA). When trying to qualify will they take that into account?
Posts Tagged ‘Much’
How Much Does Having Two People On A Home Loan, As Opposed To One Affect Loan Amount?
February 1st, 2010My girlfriend of 8 yrs. and I are looking to buy a home soon. I tried going through the preapproval process earlier in the year, and was approved for roughly $60,000. If I add my girlfriend onto the loan, how much more will it affect the loan amount by? I work 33hrs. a week @ 18.85/Hr. She works 20hrs. a week @ $8.00/hr.
What Interest Rate Can I Get With The Va Loan And How Much Money Do I Have To Make To Get The Loan?
January 27th, 2010I need to know what kind of interest rate i can get with the VA loan and for how long do i have to have a job and how much do i have to make before I can receive the loan?
How Good Of A Loan Modification Did You Get, And How Much Did You Pay For It?
January 13th, 2010Just curious what a few people paid for their loan modification and what kind of a deal you got. I want to make sure that this isn’t just the next wave of shady mortgage lenders.
How Much Money Down Should I Save For A Car Loan?
December 16th, 2009I’m looking to buy a used car and will probably seek a loan between 2000 and 3000 dollars. How much money down should I have saved?
