My best suggestion would be go and sit down with a lender. They will tell you if you qualify and it you do not, they will tell you want you need to do to get into the purchasing ... more
1.) Speak to a Lender to learn about loan qualifications - how much can you afford?
2.) Choose a neighborhood/school district/commuting distance
3.) Get a feel for what' ... more
That means, you take all your debt divided by your income for the front (31%) and take all your debt plus your housing expense (taxes insurance plus pay ... more
I've also read that if we proceed with having her get the mortgage in her name, we would be forced to refinance after marriage wh ... more
There are several programs that could help you. First - DON'T use an on-line lender! Second - contact a reputable mortgage broker. Depending what towns you are loo ... more
When is the best time of the year to buy a home? There are at least two days of the year that give buyers the edge. Would you like to guess which two days are best for buying ... more
Find you a good Loan broker and plan VERY carefully.
I would recommend that you begin to interview potential agents who work with first-time homebuyers in your area. I can give you a referral if you would like, just send a ... more
If you have some issues you will have ... more
What do you want your monthly payment to be? That's the question. You figure that out, it's very easy to find out what price range should be.
It' ... more
You may not qualify for a home loan: You do meet the income requirement and the Debt to Equity level. But your credit score is low. You will have to begin making your p ... more
The answer is very simple: yes. Interest is still very low even for jumbo loans and home prices are down. Also, as most higher priced homes take longer to sell, the seller ... more
Great idea posting on here. If you dont get the feedback you are looking for, I suggest you go under the Find a Pro feature in the Advice and Opinions tab to search for an act ... more
its not necessary that you have to have a credit score of 650, if you qualify for the loan and you are a first time home buyer then you can apply for $8,000 tax credit. Also, your i ... more
Allan is exactly right. You can't go wrong in Pinehurst/Southern Pines. 2 hours to the beach, mild climate year round and a controlled growth over the last 10-20 years ... more