Mortgage loan question. Advice needed! - how much of closing costs can i ask for with an fha
Loan of 70,000 U.S. $ 6percent aw / 0 = low 631/mo mortgage, every opportunity to get a lower monthly payment?
Question: I live in Muskingum County (Zanesville, Ohio), and recently fell in love w / I want to buy a house, while the monthly payments a bit more than they can afford to be. The house is one of the bank, and if I the recent sales in the sense that says that recently sold around 66K, I think that is what the bank has now (in California) has paid for it, but I know not how it works. I have no idea what we are proposing that) a first offer, and I was not completely pre-approved (my pre-approval is certain references to "my payment history of the utility companies. As soon as you put it in my potential lenders, the lady said, I thought that creceive a loan from the FHA, from 0.00 for the interest rate of 6 percent (6.25 and 25 percent discount for the program as a hero is 6 percent). Taxes per year and over 1300 W / That said, my monthly payments are estimated in this house 631/mo. I can not accept that this is the case, I asked if there a way to reduce this allowance and told me that it is cheaper to buy a house or maintain at least 5 percent, which is not an option because if I go home I'm not .... maybe. She said that even if can go up to about 5 percent of payments 560/mo. I am looking for a number of 500/month. Suggestions on how to get a lower monthly payment. In my head, I think, if I could only 60K instead of 70K this house, which can help toOT, but I am also trying to get costs for the closure of the bank that the house belongs to. Impossible? Any advice would be appreciated! Thank you!
Tuesday, February 23, 2010
How Much Of Closing Costs Can I Ask For With An Fha Mortgage Loan Question. Advice Needed!
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