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Rookie Buyer
Rookie Buyer: Everything the first-time apartment buyer needs to know to get approved for a mortgage
… payment if the borrower defaults Government loans are good news for firsttime buyers because they usually require lower … be able to borrow more than the conforming loan limit of $636150 More on loans higher than that amount known as jumbo … budget … Know your limits … Banks usually employ the 2836 percent rule when approving people for mortgages What …
Co-op vs condo vs house? A first-time buyer sorts through her options
… expensive monthly fees And as we got deeper into our search we realized the differences were stark So we went to … help Pro Tip Pro Tip Looking to buy a coop Get information on rates and prequalification from National … we heard from some friends they had a hard time getting home equity loans from most banks after the financial crisis …
Location, location, location: Deciding where to buy was the first stumper for our first-time buyer columnist
… commute to work will be to how willing your friends are to travel to your place to hang out Your apartment will tell … in for quite some time We naively set very vague simple guidelines We didnt want our commute to be more than … when we determined if we could buy a place With our broad guidelines we thought we would be the easiest customers We …
