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
It's a system that works backwards.
We figure what your debt to income maximum payments can be, then apply them to standardized ratios.
It all goes through the Fannie Mae or Freddie Mac computer systems to determine sale-ability to the secondary market.
They take into account income, assets, credit, appraisal, property type and other factors to garner the approval.... more
Are you looking to purchase or rent a home? I would be happy to help either way. Please call or email me.
Star Real Estate Group
Cell: (203) 770 – 3803
Email: Ian@starrealestategroup.net... more
This property sold in Feb of this year however I have a home in short sale at 2575 S. 75th St Please call me at 215-725-5700 X49
Philip J. Cunningham Sr
V.I.P. Realty Corporation
7942 Bustleton Ave
Check out the Rental listings posted on Trulia. Toggle to the map view to be able to focus on the particular area you are interested in.
Use the other filters to find the property type that fits your needs.
Hope that helps you get started!
-Kim, Community Manager... 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
Depends on your credit, the amount that you intend to borrow, and your reserves after closing. Any mortgage loan officer can pre-qualify or pre-approve your lending ability. It is the right thing to do prior to viewing property. Gives you and your agent the range within which you can buy.... more
Please feel free to call me tomorrow. I may be able to help you. I do have a few rentals in the area you are looking for.
Georgette M. Innes, Inc. Realtors.
215.744.5750 Ext. 7... more
Deshawna, we as Realtors are prohibited by law from discussing crime stats with you, but I CAN direct you to my website to view the charts and graphs on your own. Just enter any zip code you want to research. You can also compare two (2) zip codes. School data is there too.
You can also search for homes and save them directly on my site. Call me if you want to discuss what the next few steps in your home buying process should be.
Eric Axelson, Associate Broker
Licensed in NJ and PA
Kurfiss Sotheby's International Realty
Your agent and or attorney can best advise--not knowing the condition of the property not an easy question to answer. Be mindful that if financing is involved, the lender may require certain things be done--again your agent and or attorney can best advise.... more