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I'm 30 years old and has always lived at home. I'll be moving out sometime next year. However, I got a question...would some lenders give me a higher interest rate because i've never had a rent or a mortgage before?

Would it be more beneficial to rent for a year then buy? Would it make a difference?

FYI, I have a fico score of 776.

2007-07-27 21:21:25 · 7 answers · asked by Why Me? 2 in Business & Finance Renting & Real Estate

7 answers

With that FICO, why rent?? Lenders will be tripping over each other to loan you money.

2007-07-27 22:20:17 · answer #1 · answered by Bostonian In MO 7 · 0 0

2

2016-07-19 03:46:03 · answer #2 · answered by ? 3 · 0 0

ya u can rent a flat and then think of having new house and for
buying new property or wanna rent a property check out

http://www.terabitz.com

u can get details of rent and buying a property

2007-07-28 00:56:45 · answer #3 · answered by Anonymous · 0 0

the 1st answer replaced into large yet suggested little of the age of the renters/purchasers and for sure, with the economic device because it quite is presently, many human beings will locate it perplexing to acquire a private loan or have sufficient funds for the downpayment or outright purchase.

2016-10-09 11:54:24 · answer #4 · answered by Anonymous · 0 0

Dont get stuck renting. Buy Buy Buy.

2007-07-27 22:24:57 · answer #5 · answered by pinklilac3 1 · 0 0

Rent-To-Own Home - http://RentToOwnHome.uzaev.com/?cUqS

2016-07-11 16:42:51 · answer #6 · answered by ? 3 · 0 0

I don't think it would make any difference.

2007-07-27 21:25:04 · answer #7 · answered by Anonymous · 0 0

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