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Personal Finance and Investing

SheilaT

(23,156 posts)

4. There is something a little off with this story.

Reply to K8-EEE (Original post)

Tue Jul 10, 2012, 01:29 PM

Jul 2012

Either she's leaving out something very important in her financial history or, something, I don't know.

I was able to get a mortgage three years ago because I had 20% to put down, and just barely qualified for the loan. And since then interests rates have gone down significantly. She may simply need to pu her down payment until it lowers her monthly payment to one that fits what she can pay, according to what she's currently earning.

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Have a friend with excellent credit, 20% down payment, 100k+ in the bank, turned down for mortgage [View all] K8-EEE Jul 2012 OP

I'd go to Savings and Loans first, then try online brokers. NYC_SKP Jul 2012 #1

I guess she can find something at a high rate but K8-EEE Jul 2012 #3

Contact new consumer finance . . . . agency? elleng Jul 2012 #2

There is something a little off with this story. SheilaT Jul 2012 #4

100 % Billy Patterson Aug 2012 #5