Do I qualify for a home loan?
I am pretty sure I don’t, but I need to know. If I do qualify, I’m looking into buying a foreclosure home.
I’m 19, a full time student, my credit score is 718, I have no bankruptcy or any other loan on my file. I have a steady job, but I am technically a low income resident, here in California. (I make $440 monthly, w/out bonuses and overtime) But what I planned to do was to rent out any spare rooms to friends or people who need a place to stay so I can cover all the bills without needing to get a second job. I have a Discover credit card and I was approved for 3 tmobile lines, if that helps any. I just got that credit card and 3 lines last month though, on November 10th. My credit score was 0 on Dec 1 and today its 718.
I don’t qualify, do I? =/
I dunno, is there is any other information I need to put in? Just ask and I’ll tell.
No, you don’t. You couldn’t possibly afford mortgage payments, taxes, and PMI on an income of only $440 per month.
Bankruptcy reform will help the foreclosure crisis
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The Foreclosure Survival Guide: Keep Your House or Walk Away With Money in Your Pocket $1.80 Facing foreclosure? Know your options! According to Harvard’s Joint Center for Housing Studies, “the number of homeowners paying more than half their income on housing rocketed from 6.5 million in 2001 to 8.8 million in 2006… The number of homes entering foreclosure nearly doubled to 1.3 million in 2007 from about 660,000 in 2005.” If you’re having trouble making your mortgage payments or … |
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Financial Recovery: Bankruptcy, Foreclosure, Short Sales and Rebuilding Your Credit $11.45 Created for those suffering through a difficult financial time, this instructional release offers advice on how to handle situations like bankruptcy and foreclosure. Experts also provide tips on how to rebuild and maintain a good credit rating. ~ Perry Seibert, Rovi |
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BANKRUPTCY $20.5 BANKRUPTCY |
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Foreclosure Bill of Sale (without Encumbrances) $9.95 Socrates offers a full range of Business forms to help you do more and save. |
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