we are trying to relocate in arkansas city,we live in california what are the requirements to purchase a home
how much down payment is required, what credit score is required and can some one else help me qualify as a cosigner .we are really interested in purchasing a home maybe within the next two months and we think Arkansas city might be an option because we have many relatives there and It would be easier to relocate. we think kansas is a more affordable place to raise our four children .
This is really a great question for a lender. You need to find a local lender that you would be satisfied with, and ask them to get you pre-approved. This way you should know exactly what you qualify for in the way of purchasing a home. He will also tell you what downpayment stipulations there are and he should be able to give you a rough estimate of closing costs. (good faith estimate)
Also, most lenders with do this for you free of charge.
Good luck with your pre-approval
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