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Answers (3)
- Johnny James, "Palmdale Mortgage"
- Contributions:406
Put enough down and you can get financed
- Texas Banker
- Contributions:517
There is nothing wrong with renting.
- Brandon Nelson, "TheNelsonGroup"
- Contributions:151
In this market, I don't how much money money you have, you can't get a loan without having stable income. I have a friend with over a million dollars in a trust account, and he was going to have to put down 200k on a 300k house. He just started his own business last year and his income for the year was next to nothing. Good luck!
Will I qualify for a home loan?
My home just sold, and my bank account is now at $300k. I've been unemployed for a year, and will be starting a new business in a new state. Can I get a loan for a home there, under these circumstances?
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