Question by Bianca P: What is the government programs for first time home buyers with low income in Alabama?
I’m interested in purchasing a home for the first time and I’m hearing there’s many options for low income first time home buyers. I just would like to know what are the steps and who to talk with first. I’m in an apartment and I want out so I need a house ASAP.
Best answer:
Answer by Bill
Most of the government programs have expired but you can check with HUD or Pathways to see if you qualify.
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Question by Cellen: What is the best bargain in purchasing a home? I have no money to put down and bad credit with a new job.?
I am desperate to stay in our school district for my kids sake. I am desperate to leave my situation away from my boyfriend, price also; for my kids sake. I now have bad credit (most is 5+ yrs old) and just started a descent paying job that will become commission based. I feel that purchasing is smarter than renting. So, viagra buy I wonder if one has to have good credit, job stability, and/or money down to purchase a home. Or which is most important? I am working on all of the above and obviously it takes time. So, I need to figure out the best first, second, third and so on, move.
Best answer:
Answer by gabluesmanxlt
Feds have a program run thru HUD that gives single Mom’s grants – up to $ 30,000 to put down on a first home purchase. Contact your congressman’s local office (they REALLY will help you – don’t sweat it) and see what’s available in your state.
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Question by Belizegirl: Is is true that if you have PMI that you cannot refinance under the Making Home Affordable program?
i was told my Wells Fargo whom i currently have my home loan with and when i asked them about the program they said that i did not qualify because i have private mortgage insurance.
Best answer:
Answer by mortgage underwriter
yes, remedy it’s true. you can still refinance, information pills but not under the new higher loan to values w/out PMI program.
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