Home Buying in North 25>Question Details

Allie, Home Buyer in 07047

Can I buy a multi family house in north jersey with 30K down?

Asked by Allie, 07047 Sat Feb 2, 2013

Help the community by answering this question:

Answers

4
Hi you only need 3.5% down to purchase. It is best to speak with a mortgage professional to get approved to purchase.

You can also have the seller pay for your closing costs.

please contact me for a free buyers consultation
0 votes Thank Flag Link Sun Feb 3, 2013
Yes, depending on the sale price and the type of mortgage you qualify for. Feel free to reach out to me with further questions. Best of luck!
0 votes Thank Flag Link Sun Feb 3, 2013
Hello Allie,
Depending on what type of mortgages you qualify for and how much a bank will lend you it is possible. Regardless of how much you have for a down payment, it is more importnat to have a steady, reliable source of income, a low debt to income ratio, and a good credit score.

Brian Diehl
Relator - Sales Associate
Prudential New Jersey Properties
Mobile: 973-521-1061 (text or voice)
Web Reference: http://www.DiehlHomes.com
0 votes Thank Flag Link Sat Feb 2, 2013
Sure.. As long as you qualify. Contact me anytime to go over the particulars
0 votes Thank Flag Link Sat Feb 2, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer