How can F1 student apply for mortgage?I want to take a mortgage to buy a studio or condo for myself to live. I am here on F1 visa with a monthly credit line of 2600. I have high account balance and owned real estate and have
That depends on the type of loan. Some loans you can choose to escrow or not to escrow and some loans you are required to escrow due to the type or loan value.
You want to break them down separately into your Principal and Interest payment and then your Taxes and Insurance. For a condo you have the monthly maintenance/association fees as well.
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