al Situation- Please humor me :)
10-05-2012 07:58 AM
This is where I hope to be someday. I just wanted to see if my goal is realistic. Would I be able to buy a home with the following criteria?
Credit. Mid score 650.
4/12- Student loan 180+ late (x8 separate loans) paid on time since
Source of income. Where is the income coming from
Monthly debt payments.
Car-$570 (could refinance and get a better rate and the payment down)
This could be tricky. I have been at my current position for 2 months( but don't plan on buying for AT LEAST a year). Before this I took 3 years off to stay at home with my kids. I am in the same industry I’ve been in for 10 years.
20K down. 15K in reserves
Colorado-North of Denver
Single Family, no more than 10 years old
Looking in the 180k-200k range