If your middle credit score is the 680 you are good now.With a $40,000 income, your debt is extremly low and is not a problem.Money in hand would depend on what price home you want to purchase.With an,FHA mortgage you will need 3.5% of the purchase price and other monies for settlement costs.You can also recieve up to 6% of the sale price in monies the seller can contribute to your settlement cost.
As far as when to start activly looking fir your home,i suggest May or June depending if your lease expires the begining or end of August.
I would like to send you a few letters from previous clients who have purchased,so you can see how I conduct myself in buisness.After that we can set a time to sit down and talk about the buying process and get you pre-approved for a mortgage which needs to be done before you go out to look at homes.
I look forward to hearing from you.
Century21 Advantage Gold-Castor
Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
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I would love to be one of the agents you do a phone interview with to see if we get along. I have multiple references you can call or email.
And I'm skilled at guiding you locations or types of housing (eg, no condo fees, low property taxes) that make the most of your approved monthly payment.
Eric Axelson, Associate Broker
Licensed in NJ and PA
Kurfiss Sotheby's International Realty
I would be more than happy to assist you. The best way to see if you qualify is to speak privately either at my office, the comfort of your home or over the phone and see what you are comfortable with as a payment as well as what you can truly afford.
Philip J. Cunningham Sr
V.I.P. Realty Corporation
7942 Bustleton Ave
I would be happy to put you in touch with a lender and discuss what it is you are looking for in your home search. Please give me a call at 267-688-1110.
Keith J. Lawson
RE/MAX Affiliates N.E.
9237 Frankford Ave.
Phila, PA 19114
Member - AREAA Philadelphia Metro
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"RE/MAX Executive Club Award Winner"
Realty Mark Associates
It's possible that you have unreimbursed expenses, or an installment loan that's going to be paid off in the next 10 months, etc. these things have an impact on just how much you qualify for. A Loan Officer can also tell you exactly what you can do to increase your credit score within days.
I'm always available, feel free to contact me if you have any questions. I'm able to do loans in every state. Good luck!
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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
(516) 606-9648 Cell
(631) 659-2011 Office
(516) 918-5383 Fax
Please connect with me at http://www.PaulCarson.com or 215-874-0125
You should start now. Your score, income and debt is fine. It sounds like you qualify now. You need to get pre-approved so that you can start looking at houses. I'd be be happy to help you with that. I deal with first time home buyers for the most part and have relationships with several Philadelphia Realtors so I easily can guide you through the process.
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010 & 2012
NMLS ID 143960