Comments on: Your First Mortgage: How to Apply and Get Approved http://www.moneyunder30.com/your-first-mortgage-how-to-apply-and-get-approved Personal Finance for the Young and Ambitious Sun, 21 Mar 2010 19:06:46 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Invesion http://www.moneyunder30.com/your-first-mortgage-how-to-apply-and-get-approved/comment-page-1#comment-3981 Invesion Tue, 22 Dec 2009 14:47:30 +0000 http://www.moneyunder30.com/your-first-mortgage-how-to-apply-and-get-approved#comment-3981 The best thing for you to do is start saving for a downpayment and get your boyfriends poor credit back up to average or high. This can be done through make payments on time, paying down credit cards, and things along those lines. Also, I your situation I would be very careful what you dive into. A house for under $450 may come along with several costly repairs at anytime. Also, co-signing a place for both of you can be very risky in case you break up or one of you loses a job, etc... Anyways, I would hold off for at least a few years. Good luck! The best thing for you to do is start saving for a downpayment and get your boyfriends poor credit back up to average or high. This can be done through make payments on time, paying down credit cards, and things along those lines.

Also, I your situation I would be very careful what you dive into. A house for under $450 may come along with several costly repairs at anytime. Also, co-signing a place for both of you can be very risky in case you break up or one of you loses a job, etc… Anyways, I would hold off for at least a few years. Good luck!

]]> By: Kayla http://www.moneyunder30.com/your-first-mortgage-how-to-apply-and-get-approved/comment-page-1#comment-1243 Kayla Fri, 03 Apr 2009 00:39:50 +0000 http://www.moneyunder30.com/your-first-mortgage-how-to-apply-and-get-approved#comment-1243 Hi, I'm 18 years old from Warren, Ohio and wanting to buy a house. My fiance and I currently rent a home. As I have found out the hard way renting is a lot more expenisive then buying and I also feel by renting I'm throwing my money away into a blackhole I'll never see again. I am also in a pickle, our rent is 450 dollars a month, I recently talked to a real estate agent over the phone who informed me that I could be owning my own home and paying way less then 450 a month for the size home we were renting! I'm engaged to my 25 year old boyfriend, who unfortunalty has horrible credit from his previous relationship. I on the other hand am 18 with no credit, which is almost as bad as no credit! I have nothing saved for a down payment, and I have no credit. Is there anything I can do to help my situation, Please help me, we really want to be home owners!!! Hi, I’m 18 years old from Warren, Ohio and wanting to buy a house. My fiance and I currently rent a home. As I have found out the hard way renting is a lot more expenisive then buying and I also feel by renting I’m throwing my money away into a blackhole I’ll never see again. I am also in a pickle, our rent is 450 dollars a month, I recently talked to a real estate agent over the phone who informed me that I could be owning my own home and paying way less then 450 a month for the size home we were renting! I’m engaged to my 25 year old boyfriend, who unfortunalty has horrible credit from his previous relationship. I on the other hand am 18 with no credit, which is almost as bad as no credit! I have nothing saved for a down payment, and I have no credit. Is there anything I can do to help my situation, Please help me, we really want to be home owners!!!

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