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Old 01-17-2009, 11:10 AM
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Join Date: Jan 2009
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Default Mortgage question concerning the buying of a...

...new home? Hello. I am currently selling my home, which is owned in full. We are moving to the Charleston, SC area for medical reasons. We have found several houses we like, but they are around $160,000. Now after the closing, we should walk away with $110,000, cash. Now I am on Social Security Disability and make about $2000 monthly between me and my wife. We don't have the best credit but our Suburban is almost paid off and we never missed a payment. What are the chances of getting a mortgage with at least $100,000 down on a $165,000 house? Any input would be helpful and where would I turn to as I have never even applied for a mortgage
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Old 01-21-2009, 01:41 AM
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Posts: 18
Default Re: Mortgage question concerning the buying of a...

One thing I recommend is checking out this site To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. because they do this report that will qualify you with up to 40 different banks or something. Its cheap i think its like less than $40 bucks and you pay a monthly fee of like 30 dollars to update the report anytime and make sure you get the best loan! they qualify you based on the application you fill out so it checks out your situation..i got this and it helped me..hope that helps!
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