Need a 2-3 Bed, 2-2.5 Condo/Townhome in 77084 or close to 77084. FICO 700+ Down payment 20%, Price < $100,000

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Feb 20, 2016 Views1,406 Answer a Question

I am a First Time Home Buyer. My monthly income is around $1800/Month. I have less than $10,000 in credit card debts with zero interest. I have no other debts.
Am I eligible to purchase a property instead of paying $900/Month in rent. I want the loan for 5-10 years with the option to pay off without early payment penalty. Also, maintenance free home for minimum of 5 years. What are my financing options? Should I apply trough Traditional Bank, Credit Union, FHA, points/No points. I need help to sort things out.

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Consumer
Categories:
Home Buying
About 8 years ago
Congratulations, you have good credit. Getting a A paper Lender is important. Contact me at 713-540-0081 for more information on lender choice. I specialized in relocation clients. www,myfes.net/cbethea1
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source:
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#1 Awarded – Best Answer
About 8 years ago
Hi Kashif,

I would love to speak with you concerning your home search. There are periodically homes available in your desired zip codes that meet your criteria. With a 700+ score and 20% down, you should have options in what type of financing you are eligible to utilize. However, I have a mortgage consultant on my team who could assist you further.

Kelly Jackson
REMAX Southwest
281-652-6873
About 8 years ago
Kashif, great questions and congratulations on taking steps toward possible homeownership, it sounds like you're off to a great start! After running a search, there are only two townhouse/condos in or in close proximity to 77084 that are less than $100k. My advice to you would be to start by speaking to a lending institution of your choosing, whether that may be a traditional bank, credit union, or any other home lending institution. They will be able to inform you if you qualify to purchase a home and what your maximum budget is to spend. If you would like some of my outstanding lender contacts, feel free to reach out to me anytime, I'd love to help! 832-3739755------cody@interohouston.com
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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