Property Q&A in Los Angeles>Question Details

Gift, Home Buyer in Los Angeles, CA

How can a first buyer allow to buy this property ? What's the requirement? Please me answer at fdwm2@aol.com

Asked by Gift, Los Angeles, CA Wed Jan 21, 2009

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This question is about this property: http://www.trulia.com/property/1071094503-1649-W-59th-Pl-Los…

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2
Hello, to do an FHA loan you will need 3% down payment ($5097) and you will need to show income of $41566 for each of the last two years. You will need a middle credit score of 580. I can do this for you.
0 votes Thank Flag Link Wed Jan 21, 2009
Hi Gift,
Is your question regarding how to purchase a home? The most important thing in obtaining a mortgage right now is the income. Another thing will be your credit. There are programs out there for first time home buyers. Feel free to contact me if you need any help or any more info.

Rene Labrado
Century 21 Beachside
Rene-Century21@Hotmail.com
949-278-4837
0 votes Thank Flag Link Wed Jan 21, 2009
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