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Homepath mtg requirements

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DavidK Guest	Posted: Wed Mar 16, 2011 6:45 am    Post subject: Homepath mtg requirements Like 0 Dislike 0 I have a credit score of 690, yearly income 69,900.00, down pmt of 10,000.00, credit card debt of 23,000.00. would I qualify for a homepath mtg. to purchase a 159,900.00 house? Approx. what would my interest rate be? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
tfaulhaber1 Community Expert Joined: 17 Dec 2009 Posts: 562 75.68 Dollars($)	Posted: Wed Mar 16, 2011 7:18 am    Post subject: Like 0 Dislike 0 Are you looking for the regular homepath or the renovnation homepath? So far it seems fine but, each bank has there own overlays. I would find a loan officer that offers the program and discuss with him in detail. _________________ Theo (Ted) Faulhaber 516-403-9116 516-634-4417 tfaulhaber (at) vanguardfunding.net
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Wed Mar 16, 2011 7:36 pm    Post subject: Like 0 Dislike 0 Hi DavidK, The interest rates vary on a daily basis. Once you apply for the loan, the lender will let you know that day's interest rate and you can lock the rate if you find you can afford it. _________________ Procrastination is the enemy of your financial success

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