>> verified gross income * about $55000
>> credit rating score * above 740
>> down payment is 20% (no PMI needed)
>> additional cash reserve is also needed
>> home price is about $310K
>> current int. rate is about 4.85% (30yr/fix)
>> can use buy down ... ONE point cuts 0.25 %
Tips
## Avoid *short sale transaction
## Avoid FHA financing (cost is high)
## Go for REO (bank owned) property
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment