How would I get a great & affordable home loan on a low-middle class budget?
357667
There is no magic there.  Just number crunching.  Don't get a loan that takes up more than a third of your monthly income for monthly payments.  Don't fall for the variable interest loans because the rates are going up.  \n\nAs an aside, you might consider renting for now because the housing prices are peaking and might go down.  Better to rent (rents are low now) and study for a graduate degree so you can make more and get out of the lower-middle class.  It takes 1-2 years to become a nurse or nursing assistant, but you'll double your income.
817271
get your loan from worldwide banks.visit\nhttp://www.freewebs.com/getyourloan
149833
buy a Malibu Barbie house at Wal-Mart. Sorry I just don't think affordable is in the vocab out there, I have friends who bought half a house for 350K, it just doesn't make sense to me.... Sorry I couldn't be of more help... \nBut I would check out web sites like realtor.com, and homes.com, they have lots of listing plus you can put in all kinds of options, # of bedrooms, # of baths, square footage, pool no pool, basement or no basement, I think it will even tell you the length of time it was on the market which can help with maybe bringing down the asking price... good luck.
569737
1. Have a checking account.\n2. Apply for small credit line for something you need furniture, Department store credit card and gas cards are a good place to start.\n3. Pay them off on time do not Carry a large debt. \n4. Maintain a small debt to income ratio. That means your income should be many times greater than your debt. \n5. Constantly, stay informed about personal financial matters.\n6. Do build savings and build a large net worth.\n7. Take a few classes on personal finance.\n8. Make certain that your housing cost rent or mortgage payment plus utilities is never greater than 30% of your income. In fact aim for 25%.
363439
If you're a home owner, the best way to get your hands on money is to cash out some equity in your home.  It's your money (from one perspective) and the rates will be about the lowest available on a loan.\n\nI caution you though, borrowing more to pay off your debts isn't the solution; replacing the financial habits that got you into debt with more healthy financial habits IS the solution.\n\nIn general, people in debt live on 'if-come'; they spend more than they make.  To fix the problem, you have to begin living on less than what you make, creating a surplus of discretionary income each month that you can use to pay back the money that belonged to someone else (banks in most cases) that you already spent.  In the meantime, they continue to collect interest on the money that you spent that wasn't yours.  It's a nice business considering how many people today don't see it for what it is.  Watch TV for half an hour, there will be plenty of companies just itching to make you a consolidation loan.\n\nIf home equity isn't available to you, shop for a consolidation loan with the lowest APR available and make yourself a promise to cut back on your expenses and pay the money back.  Get tough with yourself and decide what you NEED to live, and get rid of the things that made life more fun; they cost money that you can use to get out of debt.\n\nIn short, whatever your income is, it is.  Learn to live on it or find a way to make more of it.  Continuing to spend money that isn't yours is just going to keep you in debt, if not dig the hole deeper.
975922
Dude, this is religious area.\n\nFirst off, you should not buy such an expensive car right at this moment when your income is low. Also, you are doing a part time job, not a steady job. Car is a very important thing to have, so you should get one, but not that pricey. \n\nAlso, I doubt whether any loan company will give you any loan at that low income.
737755
There are any number of ways: get a loan, mortgage your house, ask family members...
1091891
Reality check. You can't.\n\nYou need access to funds, either your own or the bank or hard money lenders. Houses cost money.\n\nYour only other option is to swing some owner financing deal, where the owner is essentially your lender.
789047
Contact fannie mae (www.efanniemae.com)  they have recently added some programs for their MyCommunityMortgage thing that is meant to help people like yall.  I work at a mortgage company and we have been able to get people in homes when they had bad/nocredit no savings no down payment no assests. Youd be surprised what you can get if you go through the right lender. good luck!!!
802896
depending on how much you are borrowing they may just base an offer of a loan on your credit score(if its good all the better)\ncheck out \nnorthern rock \nthey have low rates \ntheres also tesco ,egg and loads more\nif its more than £5000 you shouldnt have to pay more than 5.5 to 6%\ninternet loan providers tend to have better rates than the high street so do a search on line and remember to read the small print!good luck
753849
Usually the amount you can borrow is around 2.5 times your salary, or in your case you and your friend's salary combined\n\ne.g. if you earn 40,000 between you, you can borrow 100,000\n\nYou need to go to the bank and ask for advice, and they will give you details of which mortgage will suit you best. Then you can shop around and try and get a lower interest rate!
1165632
Contact a mortgage broker in your area first.  They'll set you up with a loan and preapproval.  Then you'll know what you can afford and then hook up with a realtor.  Don't go to the realtor first.  That's putting the cart before the horse.  If you're in California, I'd be glad to help you.  E-mail me at tom4loans@sbcglobal.net
932047
eric,\ncitibank offer loans over the net up to $$25k pretty much right away.\nhowever with bad credit this is not possible.\nif you don't have security to offer then private money is about the only option.\nthere are sharks here who will lend at 4% per month.\nlet me know where you are accesing the singapore money from and i'll take a look thru the terms with you.\npete
102032
You need to have excellent credit for those kinds of loans. I suggest you shop around several banks, and lendingtree.com\nYou may qualify for a low downpayment not as high as it would be normally. Just shop around and make sure you have a couple thousand saved up for closing cost and a downpayment.
625098
What is your definition of terrible? There is always a loan out there but getting it can require out of pocket funds to qualify. If your credit is really bad most lenders will not finance a 100% purchase so you'll need to come into the deal with funds for the down-payment and closing costs.\n\nGive me a call or drop me an e-mail and we can go over your specific scenario.\n\nKruorock@firstratelending.com\n866-562-6838 x 106
316870
There are loans that do not require any documentation, or only require verification of assets.  You will need good credit, and might need to put money toward a down payment to keep the interest rate at a decent level.  Call a mortgage company.
484080
Two ways.  1) start with local lenders.  They usually have in house first time homebuyer mortgage products offered to the low to mod income homebuyer unless you purchase in a targeted neighborhood and then there are usually no income limits.  Typical program is low down payment, allows grant usage and may give assistance or a loan for closing costs.  2)Contact a local housing counseling agency.  For a list of agencies go to www.hud.gov.  \nThey offer housing counseling (so you know what you're doing) and may have down payment assistance or direct you where you can apply.