Asked by mnn/n, New Jersey • Fri Sep 12, 2008
I am a recent college graduate with enough money for 10% deposit. I'd like to buy a condo in Jersey City to commute to my 1st job in NYC. I should be able to afford morgage payments. Will I be able to get a loan by myself or will my parents have to co-sign it? They will be reluctant to do so until they sell their house (downsize) and buy their own condo. What are my options?
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