Reply
Community Leader
Senior Contributor
StartingOver10
Posts: 4,229
Registered: ‎03-06-2010
0

Re: What's the Chance of a Mortgage Loan AND Are there any Downpayment Assistance Programs Still?


Phoenix5 wrote:

Thank you. I see what you are saying now and have to either make more money, reduce my biz expenses (even if it may put me in a tax paying situation) or find a lump sum somewhere for a downpayment.  Well at least I have some direction now.

 

I appreciate all the feedback!


^^^Exactly! You got it. The larger your down payment, the less difficult the process is when purchasing a home usually. You still have to be able to afford the mortgage though :smileyhappy: 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}