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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/dude-thanks-for-the-advice-but-you-didnt-answer-12390899.aspx

Subject:  Re: Down Payment/First Time Homebuyer Date:  4/12/2000  10:22 PM
Author:  szarz Number:  10603 of 127807

Dude thanks for the advice. But you didn't answer my question.

My household income is 100,000 a year and our rent is currently $1,200. We
can afford a house we just don't have a big chunk for a down payment.

My question was can I get a loan as a first time homebuyer with 5% down and
what are the implications if I do?

Can you use your wit and knowledge to answer this and not condescend to me
like I am an idiot?

Thanks,
SZARZ


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