20 MINUTES WITH SUSAN - AM I A GOOD CANDIDATE FOR A MORTGAGE?

Saturday March 9, 2019 at 3pm. Dial in 646-716-8445, JOIN THE CONVERSATION. Buying a home is a big deal. Do it right.

Once upon a time, buying a home was simple. Today, the game has changed. Whether you’re buying for the first time or the fifth, you need to be more savvy, more proactive. With homebuyer education, you can be. It’s not just about buying a home—it’s about staying in it. Research shows that informed homebuyers are successful homeowners.

Join me for 20 minutes as I cover some basic topics like; What is a credit report? Whats on your credit report? What if I had a bankruptcy or foreclosure? Can I get a mortgage with Student loans? - We only have 20 minutes so you don't want to miss this.  COME HAVE A CUP OF COFFEE ON ME! #megodandacupofcoffee

What kind of help is available for a new homebuyer?

Whether this is your first home or your fourth, you may not have to wait until you can save the traditional 20% down payment to qualify for a mortgage loan. There are many public and private organizations that will assist you in buying a home, even if you don’t have a lot of cash on hand for a big down payment and closing costs.

With insurance and participation in a “low down payment” mortgage program, you may be able to purchase a home with less than 5% down. Federal, state and local government agencies, and non-profit organizations now offer advice, counseling, insurance and financial incentives. Support is available for first-time homebuyers, women, low-and moderate-income individuals and workers in certain professions.

If you can show your income is high enough to make the monthly payments, you may qualify for a low down payment loan. Take a look at the following descriptions to see which of these programs can help you lower the initial cost of purchasing a home.