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Savings Accounts and Mortgages

Regular Contributor

Savings Accounts and Mortgages


Message Edited by turninganewleaf on 10-02-2007 10:49 AM
FICO 8/5/10; TU 724, EQ 702
FICO 6/9/09: TU 669, EQ 658, EX ???
FICO 7/20/07: TU 540; EQ 595, EX 544
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Valued Member

Re: Savings Accounts and Mortgages

Nothing personal but you are not ready to own a home.  Relying on your parents to hold your money shows a lack of discipline with money that you need to work on.  Obviously having the money in your name that you can document is viewed more favorably.
I would wait a year.  Not a great time to buy anyway so use this time to get a stable financial position.
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