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Tag Archives: downpayment

Forget About Credit. Will Anyone Be Able to Save a Down Payment to Buy a House in The Future?

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The Center for Responsible Lending has a very interesting publication out that addresses the proposed new regulation that will mandate a 20% down payment for a residential mortgage. The 20% proposal is ridiculous and you will not that it has nothing to do with if you have good or bad credit. The new proposed large downpayment would block consumers out ... Read More »

    We Live in Section 8 Low Income Housing and Want to Buy a House. – Patrice

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    Patrice “Dear Steve, We live in a section 8 home and have five kids and with a partner we are going to get married and want to buy a home. My credit is messed up by 9000 dollars and his credit is messed up a little bit or he doesn’t have enough credit history. So whats the best thing for ... Read More »

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