Rentals in Rochester Hills>Question Details

nakeeta broo…, Renter in Rochester, NY

I WANTS TO PURCHASE A HOME I HAS THE DOWN PAYMENT AND THE HOUSE I AM LOOKING AT IS ABOUT $49K AM I ABLE TO PUT DOWN ABOUT 15,000 AND HAVE LOWER PAYME

Asked by nakeeta brooks, Rochester, NY Wed May 4, 2011

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The first thing you need to do is speak to a mortgage person about your credit and see if you qualify for a mortgage. If you qualify, yes the 15,000 down will lower your payment.
Once you know if you qualify for a mortgage work with a Realtor to guide you through the process of buying a home. If in NY Realtors work as Buyers agent, you will want to work with one. They will have your best interest.

Good luck
0 votes Thank Flag Link Fri May 6, 2011
Nakeeta:

Good Afternoon! Have you spoken to a mortgage lender? You need to get pre-qualified for a mortgage before you start looking for homes. If you need the assistance of a buyers agent I would be glad to assist.
If you need a referral for a mortgage lender just let me know.

Have a Good Day!!

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com
0 votes Thank Flag Link Wed May 4, 2011
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