Answers (2)
- Eric Smith, "ohiosmitty"
- Contributions:352
embmom,
Where is CNY...central New York? anyways, do yo know what property taxes run on these homes in the price range you mentioned?
I ask because your property taxes and insurance can take up a huge chunk of your debt ratios.
However, with your strengths of high credit scores and large down payment, you may be approved through what is known as automated underwriting. You will need to apply and your lender will run your application through and it will essentially say approved or not approved.
Hope this helps some.
Where is CNY...central New York? anyways, do yo know what property taxes run on these homes in the price range you mentioned?
I ask because your property taxes and insurance can take up a huge chunk of your debt ratios.
However, with your strengths of high credit scores and large down payment, you may be approved through what is known as automated underwriting. You will need to apply and your lender will run your application through and it will essentially say approved or not approved.
Hope this helps some.
- Connie Wildasinn, "Connie Wildasin"
- Contributions:1263
sure, contact a mortgage broker and get approved for a loan.. then have it and go shopping in confidence...
Good luck...
Good luck...
Good credit, low income, can I finance?
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