Single mom new home purchase question.
My father wants to loan me the down payment for a home, I have excellent credit, just worried about my income requirements. I am a single mom and I make about $65000 year and I pay rent but would love to own my own home..I can afford a $2500 per month payment do u think someone would approve me if my dad loans me the money? by singlemommyrules77 from Orlando, Florida. Apr 28th 2011
Chris Gummerson (cgummerson11)
#397 ranked lender in California - 648 contributions
Your first step is to contact a lender and get pre-approved. Then you know exactly what you can afford. What state are you in? We do immediate pre-approvals and we are a direct lender. Based on 65k, it would be close. Do you have other payments, such as car note, and credit cards. Please give me a call and I would be happy to go over your scenario. Chris Gummerson Bayvalleymortgage.com 714-367-5125
Timothy Singleton (TimSingleton)
#55 ranked lender in Texas - 15 contributions
Let me know what state you are looking to purchase in. We can help you with what you're looking to do. We need to put a loan application together to be able to tell you if you can get approved or not, but on the surface, the answer is 'Yes, we can help."Call me at 214-733-6899.
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