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 msnover92571
Joined: 10 Feb 2009
Posts: 145
Location: California
0.45 Dollars($)
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 Posted: Wed Feb 11, 2009 8:10 am Post subject: Housing Market |
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| How is the market right now for first time buyers? Is it currently in our favor? As in prices? loans? rates? Any info would be great thanks. My credit is around 600 |
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vegas_storms
Joined: 12 Sep 2008
Posts: 67
3.54 Dollars($)
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| Posted: Wed Feb 11, 2009 5:00 pm Post subject: |
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You're going to be fighting an up hill battle and expect to pay a MUCH higher interest rate than the average joe.
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Top 100 Mortgage website www.mortgagebreakdown.com
Information given is an opinion, for true legal advice please consult an attorney. |
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msnover92571
Joined: 10 Feb 2009
Posts: 145
Location: California
0.45 Dollars($)
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| Posted: Wed Feb 11, 2009 5:24 pm Post subject: |
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| Yea i expected but i was wondering about a fha loan? and i will have 50k down payment |
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Niicss
Joined: 03 Oct 2005
Posts: 2620
Location: New Jersey
409.63 Dollars($)
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| Posted: Fri Feb 13, 2009 4:47 am Post subject: |
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Hi msnover,
You can get a FHA loan at a credit score of 580 provided you do not have any collections or late payments in your credit report.
Thanks.
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Good is the Enemy of Great. |
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