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My God. My GF is talking about buying houses. by abaron2006-09-25 16:44:35
  what part? by Nightwind2006-09-25 16:52:06
    heh, I like it! by abaron2006-09-25 16:56:53
      Don't follow the new rules about income by voxwoman2006-09-25 16:59:14
        yea tell me about it. between my wife and I by joecrouse2006-09-25 17:02:05
          And a note for anyone else reading by hobbs2006-09-25 18:27:42
            I'd say it would depend on the lender... by deadweasle 2006-09-25 19:33:39
My wife and I bought our house a few months back with a whopping $73 due at closing, we financed everything including the closing costs. Not an 80/20 though just a standard 30 yr fixed for 100% @ 6.7.

Of course the fact that we were buying a place that was only about 40% more than our combined income might have helped in securing those terms. When we started looking I worked out how much house we could afford and still have the mortgage payment + taxes come out to a couple hundred more than what we were currently paying in rent; any house over that price wasn't even considered. I feel kind of bad for our agent, he worked his butt off for his commission given the giant list of guidelines we gave him.

- DW
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