Financing in 01803 : Real Estate Advice

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Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
I have a 600 credit score with a good down payment. Is there a chance that I'll qualify for a mortgage?
Unfortunately, no. You need a minimum of 640. Why not take some of that "good down payment" money and use that to pay down, or pay off some of your debts? You should sit down ... more
0 votes Share Flag Wed Nov 16, 2011 Financing in 01805
Paul  DeSousa, Real Estate Pro in Westport, MA
Paul DeSousa answered:
How much home can I afford given my situation?
William
The lender will take into consideration the rental income of the condo, although the -$800 hit you will take will lessen the amount of home you will afford. I can easily pre-ap ... more
0 votes Share Flag Fri Oct 23, 2009 Financing in Burlington
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