09-03-2007 09:27 AM
09-04-2007 01:52 PM
RJWilson wrote:Dear AllPlease help with some of your great advice, I live in NJ (Bergen County - 07446) and would like to purchase a house in the region of $420,000. I have no down payment yet (In apporximately a year I will have in the region of $20,000) and a credit score of 770.My question is would I qualify for a LTV / 80-20 mortgage right now, my current rent is $1900 / month, with all the add ons for a monthly mortgage payment in my current situation right now (PMI etc) is it advisable for me to enter into the property market now or hold out for a more substantial deposit.My current salary is $105,000 per year. Also - what mortage brokers could you sugest for a situation like me.Thank-you so muchRichard...
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