New Job at Bank Previously self employed....need mortgage (UPDATED)
I currently work (1 month) at Chase Bank and was previously employed at Waddell and Reed(financial advisor) SELF EMPLOYED 1099 for a year and some months. I am looking at some condos in grand blanc, mi and the addressees are 6011 murray st, 4326 wilderness pt, 24004 wilson st. all grand blanc, mi 48439. All are in rural development area eligible. I currently pay rent 650 and 230 car loan and 75 student loan and around 200-300 revolving credit (gas credit card). My income is 2666 per month base salary. Any ideas on how to get approved for mortgage or who would finance me with as little down as possible. Thanks Justin THESE PROPERTIES ARE NOT FHA CONDO"S NOT ON PREAPPROVED FHA CONDO SITE. LOOKING FOR RURAL DEVELOPMENT LOAN!! THANKS JUSTIN by justin.d.blevins from Grand Blanc, Michigan. May 3rd 2011
Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions
I have never heard of a condo financed with a USDA loan which is the only loan with little or no money down available in designated rural areas. However, I do few USDA loans and they are usually homes on large lots that look like suburbia but are in rural areas of California. However, you should seek out Brokers in your region to explore all possible loans. If one can not help call another. Our job is knowing of and accessing as many loans as possible for our clients via our own direct loans and brokering loans. You are far better off consulting experienced professionals in your region/State with their vast knowledge than trying to find out most any other way.
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