Tools

Ask a Question
Start a Discussion
Close
Create an Email Alert

Alerts are a great way for you to stay up-to-date on things you care about. We will email you a list of the new items that match your criteria at a time of your choosing.

This alert is for the following:

Topic:
I get SSI 1,212. and my boyfriend works 40hrw $9.hr,poor ...

How often would you like the alert emailed?

Frequency:

Immediately Daily Weekly
Maximum 20 emails/day

Save

Cancel E-mail alerts
RSS
Send to del.icio.us
Send to StumbleUpon
Print page

Partner Tools

Views: 805
US
New Hampshire
Nearby States
- Alabama
- Alaska
- American Samoa
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Guam
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Northern Mariana Islands
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virgin Islands
- Virginia
- Washington
- Washington D.C.
- West Virginia
- Wisconsin
- Wyoming
Don't see it?

Find:
Manchester
Nearby Cities
- Amherst
- Antrim
- Bedford
- Bennington
- Brookline
- Deering
- East Merrimack
- Francestown
- Goffstown
- Greenfield
- Greenville
- Hancock
- Hillsborough
- Hollis
- Hudson
- Litchfield
- Lyndeborough
- Mason
- Merrimack
- Milford
- Mont Vernon
- Nashua
- New Boston
- New Ipswich
- Pelham
- Peterborough
- Pinardville
- Sharon
- Temple
- Town of Antrim
- Town of Greenville
- Town of Hillsborough
- Town of Hudson
- Town of Milford
- Town of Peterborough
- Town of Wilton
- Weare
- Wilton
- Windsor
- Windsor
Don't see it?

Find:
ZIP Code
Nearby ZIP Codes
- 03101
- 03102
- 03103
- 03104
- 03105
- 03107
- 03108
- 03109
- 03111
Don't see it?

Find:

I get SSI 1,212. and my boyfriend works 40hrw $9.hr,poor credit,1st timebuyer can we get a loan?

Contributions: 2

Q&A

:2

I want to find a loan that will help us get a house? My son get SSI and my self and my boyfriend works right know we live in this apartment for 3 year lease and we paid $990. nothing inc. if i can paid less for monthly for a house i will like to have that help and I have bad credit score and he as fair credit score.. i need a help with a loan? Can I get a loan to get this house

Flag content

June 22 - Manchester

RSS

Answers (11)

Greg johnson, "Private money"
Contributions: 3

Greg johnson, "Private money"

Contributions: 3

Q&A

:3

View full profile

Please contact me. I am sure we can find the right home for you below what you are paying currently. We do owner financing in Georgia right now and be in FL soon.

Flag content

August 05

Randy_H
Contributions: 4390

Randy_H

Contributions: 4390

Q&A

:63
Disc

:4223
Photos

:104

View full profile

If you ask me, this question was made by someone to see how low the lowest agents would go to grift a deal.

From the responses, it appears,

Agents: 2 / 2 say buy, preferably through them.
Lenders: 1 / 1 blindly spams
Confirmed Lenders: 0 / 2 say to buy. Both warn to actually save some money first.

A microcosm of what's wrong with the industry, I'd say.

Flag content

July 27

LJC3
Contributions: 14

LJC3

Contributions: 14

Q&A

:3
Photos

:11

View full profile

You should talk with a financial advisor at you bank or credit union. It sounds as though taking on a mortgage, even if you qualified, would be a very rishy move for you.

Flag content

July 25

TIMOTHY J. Hollingsworth, "PQLTIM"
Contributions: 3

TIMOTHY J. Hollingsworth, "PQLTIM"

Mortgage Lender

Lender rating

View ratings and reviews

Contributions: 3

Q&A

:3

View full profile

The first thing you need to do is repair your credit. The second thing you need to do to save 3.5% plus another 3% for closing costs. If you need help with repairing your credit you back an e-mail, and I will guide you in the right direction

Flag content

July 24

Tameko
Contributions: 31

Tameko

Mortgage Lender

Lender rating

View ratings and reviews

Contributions: 31

Q&A

:21
Disc

:4
Photos

:6

View full profile

The best thing to do is fix work credit while shopping for a home so you can be prepared, because it takes awhile for things to move nowadays, I hope this helps.

Flag content

July 24

Ofe Polack, "opolack"
Contributions: 6

Ofe Polack, "opolack"

Real Estate Agent

View my 20 listings

Contributions: 6

Q&A

:6

View full profile

I do not know where you are searching for a home but USDA-rural developement offers $0 down opportunities for those who qualify and they are very forgiving. Please, let me know in what city in NH are you interested and I will let you know if it is a USDA eligible area.

Flag content

July 07

Laura Scaccia, "laurascaccia"
Contributions: 45

Laura Scaccia, "laurascaccia"

Real Estate Agent

View my 3 listings

Contributions: 45

Q&A

:9
Photos

:36

View full profile

First, I am assuming you are in Manchester, NH. If so, contact a mortgage broker, ask specifically about FHA and NH Rural Housing. Ideally you should have enough saved to put a 3.5% downpayment (could be less depending on your credit scores). If your credit score is 600 or better, you may qualify for an FHA loan.

Flag content

July 07

Greg johnson, "Private money"
Contributions: 3

Greg johnson, "Private money"

Contributions: 3

Q&A

:3

View full profile

We are a private mortgage lender.We lend in Georgia, are you a resident of Ga.Please let me know, my email lordgj@bellsouth.net.
Thank you, Greg johnson

Flag content

June 29

cvoc13
Contributions: 68

cvoc13

Contributions: 68

Q&A

:27
Disc

:41

View full profile

You should not get a loan, if your score is poor there is a reason, and there will be plenty more reasons, I see by yer wr-iting... Did you have TV show? Bev... Hill.... something... or another? How much down can you put? 30% so as soon as you can put down 30% I would think you would have at least proven you can manage a budget. I am thinking you don't, nor do I... so I am not any better and that is not what I am saying, I am in same camp, I am not asking for a loan however and I never will.

Flag content

June 28

sunnyview
Contributions: 10569

sunnyview

Contributions: 10569

Q&A

:6186
Disc

:4366
Photos

:17

Zillow All-Star

Since January 2009

View full profile

You might try the calculators here like the how much can I afford and the credit score estimator. They might give you some idea if buying now would be an attainable goal or if you need to save up some for a down payment first. Ownership costs include more than the mortgage payment and things like taxes, insurance and maintenance have to be included in your budget up front so you will be able to comfortably afford what you buy. Do some research, talk to the lenders on the board and then you will have a better idea of what step you need to take to get on the road to ownership if that's what you want.

Flag content

June 22

Pasadenan
Contributions: 6527

Pasadenan

Contributions: 6527

Q&A

:1970
Disc

:4415
Photos

:142

Zillow All-Star

Since January 2009

View full profile

My opinion is ANYONE can get a loan, if: 1) they put up enough colateral or have their paychecks and social security payments automatically deducted, AND 2) they pay "USERY" interest rates (and late penalties) to account for their habit of walking away from loan obligations and their habit of always being late on their rent payments, utility payments, etc.

But the best way to find out is to apply for the loans and see what various lenders' actual response is...

You can try the "mortgage instant quotes", or you can post in the "morgtage" section of the discussion board since many lenders hang out there.

But really, you have not factored in 1) Maintenance, 2) Insurances, 3) Property taxes. Even if you could buy for $990 per month payments, it will still cost you substantually more than renting!

You didn't state what your son's social security benifit is, thus it is not clear what your total household income is, but it sound like it is about $3.6k per month, which may be sufficient for a $990 payment, but will depend substantually on existing debt obligations.

And what do you plan to do for "down payment" and "closing costs"? Have you built up some savings to cover these?

Flag content

June 22

Have a question? Ask it here.

Active Manchester Real Estate Agents

Rudy Mayer

18 listings

Local Expert
Julie Warhola

14 listings

Local Expert
Ofe Polack

6 listings

120 contributions
Thomas Svoleantopoulos

3 listings

25 contributions
Ofe Polack

20 listings

6 contributions

See more Manchester real estate agents

Question I get SSI 1,212. and my boyfriend works 40hrw $9.hr,poor credit,1st timebuyer can we get a loan?

Latest answer by Greg johnson
August 05

In Rent vs. Buy
11 Answers - 805 Views

See More

Guide How to do Lease option - by Example

In Rent vs. Buy
Edited December 02 2008

Guide Home Rental Guide

In Rent vs. Buy
Edited December 01 2008

Guide Which is Better? Renting or Buying?

In Rent vs. Buy
Edited November 14 2008

Guide The Buyer's Market versus the Renter's Market

In Rent vs. Buy
Edited November 12 2008

Guide The Advantage of Renting a Home

In Rent vs. Buy
Edited November 12 2008

See more articles about Rent vs. Buy

Current Mortgage Rates

Current Last Week

30 Year Fixed

15 Year Fixed

5/1 ARM

Get this widget

<div style="width:298px;height:123px;border:1px solid #adcfff;overflow:hidden;text-align:center;font-family:verdana,arial,sans-serif;font-size:8pt;line-height:13x;background-color:#eff3ff;letter-spacing:0;text-transform:none;">
		<div style="margin: 0 6px;">
			<div style="margin-top:6px;">
				<a href="http://www.zillow.com/Mortgage_Rates/#{scid=mor-wid-lthd}" target="_blank" style="font-size:9pt;color:#36b;text-decoration:none;font-weight:bold;">
				   
						Current
				   
				         
				   Mortgage Rates</a>
			</div>   
			
			<div style="color:#555;margin:5px 0 1px;">
				<span style="padding-left:137px;">Current</span>
				<span style="padding-left:23px;">Last Week</span>
			</div>

<div style="background:#fff;height:60px;width:284px;border:1px solid #adcfff;text-align:left;">
				<div style="width:146px;float:left;">
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/30_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt1}" target="_blank" style="text-decoration:underline;color:#36b;">30 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#eff7ff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/15_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt2}" target="_blank" style="text-decoration:underline;color:#36b;">15 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/5-1_ARM_Mortgage_Rates/#{scid=mor-wid-ltt3}" target="_blank" style="text-decoration:underline;color:#36b;">5/1 ARM</a></div>
					</div>
				</div>
					
				<iframe title="Current Mortgage Rates" frameborder="0" height="60" scrolling="no" width="138" src="/mortgage/MortgageRateTableWidget.htm?wide=1&region=102001">
						Your browser doesn't support frames.  Visit 
					<a href="http://www.zillow.com/mortgage/" target="_blank" style="text-decoration:none; font-size:9pt; font-weight:bold;">Zillow Mortgage Marketplace</a> 
					to see this content.
				</iframe>
				<div style="clear:both;"></div>
			</div>
			
			<div style="margin:4px 6px 0;height:15px;width:276px;">
				<a href="http://www.zillow.com/mortgage/#{scid=mor-wid-ltgr}" target="_blank" title="Zillow Mortgage Marketplace" style="display:block;margin-left:4px;height:15px;width:145px;float:left;"><img src="/static/images/zillow-mortgage-logo-small.gif" alt="Mortgages, Home Loans, and Mortgage Quotes at Zillow Mortgage Marketplace" style="border:none;"/></a>
				   
				<a href="http://www.zillow.com/webtools/widgets/MortgageRateWidget.htm#{scid=mor-wid-ltget}" target="_blank" style="font-size:7pt;color:gray;text-decoration:none;float:right;margin:1px 5px 0 0;width:80px;">Get this widget</a>
			</div>
		</div>
	</div>

Need a Mortgage?

Zillow Mortgage Marketplace

Competitive rates
Accurate, custom quotes
Thousands of lenders

... and, it's free and anonymous

Learn about Zillow Mortgage Marketplace

Zillow Poll:

Suggested by Charlie Mader

Where is the best place to live in California?

San Francisco Bay Area

L.A./The OC/San Diego

Lake Tahoe/Sierras

Central Valley

Next poll
Suggest a poll

Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

Tools

Create an Email Alert

This alert is for the following:

How often would you like the alert emailed?

Partner Tools

Nearby States

Nearby Cities

Nearby ZIP Codes

I get SSI 1,212. and my boyfriend works 40hrw $9.hr,poor credit,1st timebuyer can we get a loan?

Contributions: 2

Main Image

Answers (11)

Contributions: 3

Contributions: 4390

Contributions: 14

Mortgage Lender

Contributions: 3

Mortgage Lender

Contributions: 31

Real Estate Agent

Contributions: 6

Real Estate Agent

Contributions: 45

Contributions: 3

Contributions: 68

Contributions: 10569

Zillow All-Star

Contributions: 6527

Zillow All-Star

Have a question? Ask it here.

Active Manchester Real Estate Agents

Related Questions

Question I get SSI 1,212. and my boyfriend works 40hrw $9.hr,poor credit,1st timebuyer can we get a loan?

Related Articles about Rent vs. Buy

Guide How to do Lease option - by Example

Guide Home Rental Guide

Guide Which is Better? Renting or Buying?

Guide The Buyer's Market versus the Renter's Market

Guide The Advantage of Renting a Home

Need a Mortgage?

Get instant mortgage quotes

Be A Good Neighbor