Can i qualify for a $50,000 home loan if i been at a job for only one year.
My credit score is about 610-620.My plans are to by a home around $25,000-30,000 and put the rest into remodeling the home.Then selling it for a nice profit.If I can't qualify for that home loan would it be passable to have a invester invest in me. by eggarc_233 from Phoenix, Arizona. Jul 31st 2011
Tom Stevens (Thomas.Stevens)
#21 ranked lender in Massachusetts - 68 contributions
Everyone is going to ask you how much of your own money will you be putting into the down payment and renovation. You might qualify if you have a degree or recent prior experience in the field in which you now work. I would suggest gettting a mortgage loan pre-approval.Good luck!Tom
Ask our community a question.
Get an answer
Related Questions
