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We are interesting in buying a house in the Irmo area. Am I correct in understanding that because we make greater than $60,400 combined we do not qualify for Category 1 $5,000 downpayment assistance? http://www.schousing.com/images/ProgramGuideCategoryI.pdfWe both have credit scores at 700. Lots of student loan debt, and already paying $900 a month rent. We are both teachers but do not want to necessarily live near where we work.Are there any good options out there for low down payment? We could save a small amount, when I calculate a low down payment, it's hard to get a monthly payment that does not skyrocket with morgate insurance costs. What's the deal on paying an upfront premium to lower the final monthly cost? Is there flexibility in the way those are paid?
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J.P. Weigand & Sons
415 E. 4th
Belle Plaine, KS 67013
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For Sale: $228,000
For Sale: $149,999
For Sale: $12,900