I want to buy a townhouse using the government mortgage for fixed income seniors. What do I need to do to qualify?
Answers | 1
Answered by Craig Wright, Senior Mortgage Analyst in Franklin, TN
May 04, 2016
Great question. First of all, the townhouse has to be approved for a government loan (based on their Homeowner's Association.) After that, we would have to take an initial application where we would check your credit report and income situation. We'll know then if you're qualified. Please contact me for further details. I'd love to help. I too own a townhouse.
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Answered by Dan Spiegler, Licensed lender with over 10 years experiencePRO+ in Boulder, CO
No. Mortgage has a larger impact on your credit than any other type of debt. Keep ...
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