Quote:
Originally Posted by bls8195
Some people can qualify for 100% finanacing, although I hear those days are over unless you qualify for a VA loan, I know here in Texas depending on where you buy, the counties assist with down payments and I have a friend in Florida who just bought a home and the county there paid 100% of her down payment, now it was not 20% but it was enough to get her a house, depending on your income.
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He does not qualify for the community 100% financing due to his income being too high. He's in that stuck between a rock & a hard spot place....makes too much to qualify for a lot of programs, but not enough to have saved much money, especially keeping in mind that this is a young, single man looking to buy his first home. He's just going to have to keep saving! Hopefully someone else will come along who wants to buy the house, but if not, we have a great renter so we are being patient with this young man as he really likes the house & would love to own it. Thanks for your suggestions!
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