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lease with option to buy...
I am over renting and want to buy, I have $20,000 saved and excellent credit, but have only been at my job for 4 months and only make $9 an hour. Will I be able to get approved for a home loan at about $120,000? advice?
Public Comments
- I would do a lease purchase. By the time your lease is up you will have more time at your job and you will have more money saved up. I was told by my mortgage broker you need at least a year on a job before being considered for approval. I would also look into owner financing. Good luck!
