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Originally Posted by Bizzymammabee  Just hang ten and rent a few months into his gettin that better job. It changes your financial outlook and you will get your 0 down.
Right now you have that big loan and his smaller income so it looks iffy.
Those interest only loans were a disgusting thing for the banks to make. They literally in my opinion took advantage of the naive buyers that just want to own something for their hard work. |
I'm almost sure, they've done away with the 0 down because of all the foreclosures..My hubby heard something on the news about it not too long ago..Our son got his in October, and it wasn't too long after that..most banks do require you to have at least 20% down anymore because it's so risky with people losing jobs, etc..And, I can see where they're coming from..they lend the money with 0 down, and you lose your home, they're the ones that get hurt by it