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Old 11-06-2003   #1
Cassie
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Join Date: Jun 2003
Location: NYC
Posts: 217
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being that you are in real estate (mortgage company as you put it) what is the percentage a person, as a first time home buyer, can put down to purchase a house?

what credit score do you need in order NOT to qualify for a high risk loan account?

what credit score makes one an optimal and highly qualified home buyer (meaning that a person qualifies for a good mortgage rate or mortgage rate that is less then the standard everyday rate being given now)?

what credit score makes one a high risk purchaser?

how long does one have to wait before they can qualify for their next home purchase (and we are not talking people like trump)?

can a person qualify for a second home at the first home down payment percentage?

and while your at it, why not tell me the steps that are taken for someone who purchases a home from the point of a walk thru to the time it is sold.

youre in the business so you should know the answers to the above. im buying my second home so be careful with your answers for what i have asked is industry standard.

also, anyone who is making bank the way you claim you are, should know that buying a house is the first thing you do with your money because the equity is better then a savings account.

im calling you on this so you better answer maturely and correctly otherwise you will be a laughing stock son.

i forgot to add this question, if part of your home is a business and part of it is a residence, does the down payment percentage change even if it is your first purchase; what percentage of the place has to be a business to qualify at a certain rate and what percentage of the place has to be a home to qualify at a certain rate (i will give you this much, the rate is not seperated or combined, it is one whole percentage rate you have to put down).

**i wouldnt have wanted you to miss this in the other thread; i wanted to give you a fair chance to answer this**
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