Well right now rates are relatively low and will likely raise in the future once the Feds start tapering. So it would be wise to consider the rates of today versus the rates that might be in the future. It seems that you would likely qualify for an FHA loan with that down payment and income. An FHA loan only requires 3.5% down with a down payment. There are still other parts of your finances that need to be looked at such as your credit, assets, employment, etc. So the best thing for you to do is to speak with a lender like myself directly to see if you can qualify and how much you can qualify for. I would be glad to speak with you to help you get started on a loan. If you have any further questions or if you would like a loan, feel free to contact me. Good luck! Brian Nguyen Sr. Mortgage Banker Phone: 949.667.2887 email@example.com... more
You have asked "are there are amenities, walking trails or parks in Richmond neighborhoods?" The answer is yes. Each community will have different amenities to offer you; most have neighborhood pools, tennis courts, walking trails, and parks. The annual homeowners maintenance fee helps pay for the amenities in each neighborhood, so the more you pay the more you will have to choose from. If you could be more specific regarding a neighborhood I would be happy to tell you what is available.
Denise Hulse, CBR, GRI
RE/MAX Hall of Fame