Mortgage question/advice
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by Andrea
(207.7.7.214) on January 29, 2004 at 14:13:47:
I have just been approved for a mortgage loan for $180K..BUT we may have to go Subprime and possibly FHA but she said that involves a lot of paperwork and explaining my bad credit. Subprime she said the rate would be betwwen 7-8%. Anyone know much about Subprime? She said we can re-fi when my scores get better. I am TERRIFIED to get a mortgage, my first house, would anyone know an estimate of what the payments on a mortgage that high would be? I am putting down $7,500 (required)...how scary!
Follow Ups:
Post a Followup
|
