I would like to purchase a fairly cheap townhome (only 115k). Would it be possible to get approved for a home loan (100% financing). If it is any help, even though my score is low, it’s actually on a steady climb upward -from a 540 a year ago.
I’ve been employed at the same business for 3 years, I make decent money and this would be my first home purchase. Will I get approved, you think?
I am looking to purchase a home. I have held my job for more than a year and make fairly decent money. I have also had a bank account with the same bank for nearly 2 years. Should i apply though my bank or should i look into a mortgage loan elsewhere? If so where?