I've already been in touch with a mortgage broker to check my credit scores (720) and I will be getting pre-approved in the next couple of weeks. Considering the way interest rates have gone I will, at this point, look to buy sooner rather than later. I'll see what my mortgage contact says about any changes on the horizon to the loan guidelines be sure my move in date is aligned with that.
The reason why I want to wait til Q4 to move is because I'm trying to get 10% on a down payment. I've been saving about $1400 / month and by Dec 1st will have just about enough saved. - Fri Aug 8 2008, 11:23
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.