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Buy home

It is possible we such low down payment to buy home today we make 150k we have no debit.
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August 22 2012 - San Francisco
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Answers (5)

FHA = 3.5%

if your a Vet = you can do 0%

Both depending on your credit and income
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August 24 2012
Thanks for posting your question to Zillow.com!

How is your credit, are you and have you been gainfully employed the last 2 years?  How much $ are you putting towards loan?

The answer is, "yes".
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August 22 2012
Contact at least two mortgage brokers, it is not only what you earn but your full financial profile that needs to be taken into consideration.  But indeed you may be able to purchase a property if you have a good credit base, and savings for down payment and closing costs.
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August 22 2012
Yes, you may qualify for FHA loans allowing you to purchase with as little as 3% down. Let me know if you would like contacts for well qualified lending professionals. 
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August 22 2012
Hi Fatima,

It is possible.  Contact a good mortgage broker to get pre-approved for a mortgage.  Let me know if you need names & number for recommended mortgage brokers.

My best,
Patrick

Patrick Lowell, Realtor, CRS, GRI
Zephyr Real Estate
[deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
License #01372286


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August 22 2012
 
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