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 mygameistennis
Joined: 27 Oct 2009
Posts: 1
1.28 Dollars($)
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 Posted: Tue Oct 27, 2009 7:17 am Post subject: NINA Loans |
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| Is there such a thing anymore as a NINA loan for a 1st time homebuyer (FL), currently unemployed? Eligible for social security benefits in 10 months. I can prove 5 years of unblemished rent payments and have assets of $30K. |
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eric1
Community Experts
Joined: 04 Jan 2009
Posts: 1414
209.98 Dollars($)
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| Posted: Tue Oct 27, 2009 7:35 am Post subject: |
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mygame
Yes there is such thing as a NINA loan. However, you DO need to be employed and you will probably need at least a 40-50% down payment. There is a lender who will do this in Florida. There also may be property type restrictions such as NO CONDOS. If anyone else is reading this and has a similar situation in New Jersey, New York or Connecticut.....then there is a lender out there for you.
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JKennedySLG
Community Experts
Joined: 01 Apr 2009
Posts: 374
Location: New Jersey/New York
14.97 Dollars($)
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