San Antonio huh, why not Dallas or Houston
jokes breh, good luck to you, get in while you can bro. Me and the misses put bread down for our spot two years ago, not a house tho.
Maybe he likes mexican women..
I'm saving 1k a month for a housing down payment
- Thread starter Formerly Black Trash
- Start date
Maybe he likes mexican women..
In.
Risa en crédito del VA
Like other posters are saying if you are a single man with no attachments in site do 15 years. You’ll thank us later.
In your scenario I would suggest having 20% down (you can do the first time owner in nj) but having more ready for closing cost. I’d also suggest a year of expenses saved too before proceeding. Do all the necessary reading regarding maintenance, property tax in your desired area and schooling etc if you plan to have a family one day.
In your scenario I would suggest having 20% down (you can do the first time owner in nj) but having more ready for closing cost. I’d also suggest a year of expenses saved too before proceeding. Do all the necessary reading regarding maintenance, property tax in your desired area and schooling etc if you plan to have a family one day.
Don't get a 30 year mortgage.If you can't pay it off in 15 you can't afford it
no, get a 30 year mortgage
Software
RIP Future Gohan
And wherever you buy you actually want to live there for at least 3 years so you can build equity in the home
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
I'm invested in Nio, GE, and Fisk
Apy keeps going down
But that may be everywhere
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funkee
All Star
i'm planning on doing a zero down doctor loan hopefully summer/fall 2021, no PMI
ReturnOfJudah
Veteran
Im doing the same thing. Looking to purchase around June. I’m in Austin.
richaveli83
Veteran
3.5% down won't cover closing costs, just down payment, correct? Aren't closing costs like 4% of the cost of the house?
I work in mortgage so I could probs answer most questions about this shyt 
Your best bet is to contact a realtor in the areas where you are looking. I bought under the VA so the process was different for me. I know with the fha you need a minimum credit score of 580 (but they are asking for higher now). Also look at muilti family units. You can buy a duplex using a fha or conventional loan.
You have paid but once you have some equity in the property you can use the equity as your down-payment and get from under the pmi
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Don't get a 30 year mortgage.
I Had This Line Of Thinking But A 15 Year Mortgage Forces Me To A Monthly Payment Of $1,421
I Choose A 30 And My Monthly Payment Is $874 Which I Will Pay In Double ($1,748)
If We Ever Go Through A Hard Time Or Take Any Financial Hits Our Mortgage Payment Is $874 And The Other $874 Goes Back To Us Instead Of Me Being FORCED To Give It To The Lender
Mind You, We Have A 20k Emergency Fund, Put Down A 20% Down Payment And Are Going To Make Double Payments On Our Mortgage So We Can Afford The 15 Year Mortgage If We Wanted, But I Thought Having That Trump Card In My Back Pocket Was A Smart Idea