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re: Financing a house as a 1099 (self-employed)

Posted on 1/1/14 at 7:23 pm to
Posted by rlanders23
Member since Oct 2011
122 posts
Posted on 1/1/14 at 7:23 pm to
Planning on putting down 20% but could get to 25% I that made any difference. Btw, the 7.5% ARM I mentioned earlier required 20% down.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26553 posts
Posted on 1/1/14 at 7:24 pm to
quote:

Planning on putting down 20% but could get to 25% I that made any difference. Btw, the 7.5% ARM I mentioned earlier required 20% down.


As someone who dabbles in title work from time to time this Dodd-Frank stuff has me hedging my bets a little. Crazy stuff. Maybe find a local bank or credit union. If you were in the BR area I could give you a few contacts.
This post was edited on 1/1/14 at 7:26 pm
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