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What are my chances?

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Anonymous
Not applicable

What are my chances?

So I'm looking for my first home to buy. Here's the situation:
 
The homes I'm looking at range from high 400s to low 500s in Orange County, CA
 
I have very good credit, with my lowest score at 753 (EQ), and I have an annual income of 65,000. I have very little monthly expenses and plan to have no debt in 3 months, with the exception of school loans.
 
The kicker is I have little or no money for a DP. What are my chances of getting financed? Shot me straight here gurus! I will appreciate all comments.
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1 REPLY 1
Tuscani
Moderator Emeritus

Re: What are my chances?

With those scores I am guessing 100% financing won't be an issue. I would still recommend you try to save up some kind of downpayment. It seems lenders care more about downpayments and cash reserves than scores these days.
Message 2 of 2
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