i've served 16yrs and I need 5 more yrs to retire, recently the base i live on became privatized and now we pay rent. base on my rank or grade im paying $1700.00 a month, so now i want to buy a home, im fully qualified to get my VA Loan, and im a first time buyer. im looking to by within the next 6 to 10 months. i have some negative marks on my credit report most of which have been paid, at time of purchase all negative remarks will have been paid at least for 4 months. can you point in right direction. i know i will have to pay a higher interest rate along with putting some money down. my worry is that i dont want to get ripped off. i would really like to buy a new house in my area but i dont want to spend more than $300,000. Even with being military and having my VA Loan certificate how much do you think i would have put down and at what percent, say if my credit rating was 650?
2006-08-14
08:02:24
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5 answers
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asked by
79T40P
1
in
Personal Finance