Asked by David, San Jose, CA • Tue Aug 19, 2008
If I had a credit score of 730-750. Make about 65K yearly. Have no credit card debts. and the only revolving expenses is a car = $260 and phone bill = $120. If I wanted to buy a property that selling for 360k. If I only had 20k to put for a downpayment. Whats the likely I will get approveed and what would my monthly look like? And since the market is the way it is whats the lowest percentage of downpayment I could go and still get approved? I also would be a first time home buyer and not sure what assistance I would qualify for.
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