Posted by james on January 28, 2004 at 20:55:10:
i am ready to commit now to buying a house but have decided to move to tennessee. I will be looking at houses in the 80,000 range and can put down 20%. Where do i go from here. If anyone has any suggestions please let me know.thanks
mortgage/owner finance question - Posted by james
Posted by james on January 02, 2004 at 01:55:27:
hello,
i am not well versed in rel estate so i thought i would ask here. I am interested in purchasing a home although my credit score is in the low/mid 500’s. I am looking in the upstate ny area where the homes usually run for about 100,000. I have the ability to put down up to 20,000 but am not sure how to do it. I talke dto a mortgage broker in the paper and he said i couldnt do a conventional loan through him. If anyone has any advice on how to proceed and if i can even get a home in this situation.thanks
james
Re: mortgage/owner finance question - Posted by Midge
Posted by Midge on January 02, 2004 at 11:25:22:
You should have no problem getting a sub-prime loan with that amount of money as a down payment.
Re: mortgage/owner finance question - Posted by james
Posted by james on January 02, 2004 at 12:27:36:
where do i find something like that? do i go to another mortgage broker?thanks