I am fresh outta college making 31k, my plan is to work at my job for a year and apply for a loan on a house...I moved home with my parents to save money to make a big downpayment on the house (roughly 20k, mabey less to hold for repair costs/fluxuations)...I have had a car since I was sixteen, worked many jobs through highschool/college (4 yrs as a flooring installer)...my question is, should I pay off my debt and keep my steady job while saving most of my paycheque (living at home, way cheaper then on my own during college) would the banks finance my mortgage so I can start repairs to sell it? if not, what else can I do to improve my odds? thanks
2006-07-23
15:48:24
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6 answers
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