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Home Buying in 06032 : Real Estate Advice

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Activity 2
Sat Feb 8, 2014
SP_Farmington answered:
I meant to say $2500 as my overall debt from all 4 accounts (credit card) in my original question.

Per my reading, as long as i can close the transaction before 1 year of my visa expiry which is Oct 2014, i should be good for the mortgage - Is this correct ?

How does the point accumulation work ? If i get pre-approved for certain amount of $$$ say in 1 month, can i start saving money in the account every month to accumulate points (i read 1 point = 1% of the loan).

Does my plan below work:
- Apply for a mortgage, get pre-approved
- Start saving money in the loan account or the approving CU's account to get as much as possible for down payment so i can bring down the interest rates (but i cant make it 20% down)
- Look for properties in the meanwhile and close once we find the right property.

I would like to work with local agents that can assist me in the right way.
... more
0 votes 1 answer Share Flag
Thu Dec 23, 2010
Julie Nearing answered:
I am a Farmington Agent and can help you locate a condo in town. email me at Julie@visionofct.com I would be happy to help!
0 votes 4 answers Share Flag
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