I am not a first time home buyer however I need help wth closing cost and downpayment my only income is

Asked by Londa, Delaware County, PA Mon Feb 23, 2009

social security

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Shawn Ryan R…, Agent, Belleville, NJ
Fri Dec 9, 2011
sadly, you are not a good candidate for a home loan. you're only income is social security and you cant cover the necessary downpayment or closing costs on your own.
0 votes
Maureen Inge…, Agent, Media, PA
Tue Feb 24, 2009
Londa,

You do need to speak with a mortgage lender (your local bank, credit union) regarding these circumstances. However, if you do qualify for a mortgage, when putting an offer in on a home, there is something called a seller's assist which can help a buyer with their closing costs. Give me an email to discuss further.

Thanks,

Maureen Ingelsby, C21mci@aol.com
0 votes
Penny OBrien, Agent, Las Vegas, NV
Mon Feb 23, 2009
Hello Londa,
your best beat is to contact your local bank or lender and speak with them.. There are many quesitons they will have for you.. enjoy your day.. Penny
0 votes
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