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What type of loan should we be looking for?

What type of loan should we be looking for?

This is a discussion on What type of loan should we be looking for? within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; We have a contract on a new contruction home that is for $500,000 we have also placed earnest money down ...

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12-03-2008, 08:12 AM

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What type of loan should we be looking for?

We have a contract on a new contruction home that is for $500,000 we have also placed earnest money down for $20,000.00 We thought we were all set to go and the last month both my husbands credit and mine took a hit. I am the one with the income. I make $98,000 a year and my husband makes $60,000 a year. I have talked to so many mortage brokers and I am so confused on what we should be doing. We need to close in a month. Any advice is greatly appreciated. Oh, we have $63,000 to put down f...

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(Source: mortgagefit.com)

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