It depends on your credit rating, how long ago the default was, and there could be a possibility that the lender will ask you to pay back the student loan before they lend you any money. One main reason why they would have you do this is that if you defaulted on that loan, what will stop you from defaulting on a mortgage loan?
Get with a local lender (local bank or credit union). Their lending policies tend to be a bit more lenient.
Hope that helps,
Terrence Charest... more
One who did what before? I'm not 100% sure what your question is
Lenders will only give you the amount you can comfortable afford to pay back. Since your month;y income is only $1,300 (assuming no other liabilities), they will figure you can afford a monthly payment of about 40% of that (or so).
If you want to purchase a home that costs more than $80,000, you will need to either get a co-signer (to increase the income) or put down a sizable amount of money up front. I'd be happy to chat with you so I can get a more accurate picture of what you are trying to accomplish.
Joshua Stein, REALTOR®
Coldwell Banker Preferred – Conshohocken
Office:(610) 828-9558 * Cell: (215) 866-8030
Direct:(484) 270-1165 * Fax: (215) 999-5894
PA License #RS317975... more
What do you mean by 'beyond 84th & Lindbergh blvd'? Do you mean beside that one location, or near that one location or anywhere in the area? And, how much land do you seek and how much are you willing to pay for the land?... more
I would be happy to. I just ran a search in the multiple listing system and found 7 properties that are within a half mile of the library and fall into the $100k to $150k price range. Please feel free to reach out. My contact info is below.
Ryan C. Garrity
U S Spaces, Inc.
2043 Locust St., 1F
Philadelphia, PA 19103
email@example.com (email)... more
try researching the areas of concern on a govt Website. that way you'll be getting the information. directly from the source. ie ; interpret. the results yourself. be responsible for your own decision-making. common sense tells me that the closer you are to a source of industrial. or biological waste the more likely for the air quality to be compromised. does tnhat answer your question?... more
That property is no longer on the market. If you would like to see other homes in the area please contact me and I can set it up so that you get all of the properties that meet your criteria in the area. I look forward to speaking with you,
Century 21 Advantage Gold
Brian M. Yoak