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First Time homeowners

Posted By Message

kaklesmay
Love my baby boy!

Member since 9/05

1151 total posts

Name:
Kim

First Time homeowners

Are there programs out there for first time home buyers who do not have low incomes??

It seems all the opportunities to save for 1st timers is only if you dont make any money.

Posted 2/27/06 11:51 AM
 
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lucyloo
nope

Member since 1/06

9758 total posts

Name:

Re: First Time homeowners

Talk to the Long Island Housing Partnership. We spoke to someone there and took a course (we sat with a counciler for an hour) which qualified us for a mortgage with no PMI. If was for first time homebuyers that took this "course" and the combined income had to be less thank 130k. Usually you have to put down 20% to not get PMI, but not with this program. I dont' know if they still have it but it is worth taking to a counciler- its free too! Chat Icon

Posted 2/27/06 12:30 PM
 

karennjoe
LIF Toddler

Member since 6/05

403 total posts

Name:
Karen

Re: First Time homeowners

Posted by dita

Talk to the Long Island Housing Partnership. We spoke to someone there and took a course (we sat with a counciler for an hour) which qualified us for a mortgage with no PMI. If was for first time homebuyers that took this "course" and the combined income had to be less thank 130k. Usually you have to put down 20% to not get PMI, but not with this program. I dont' know if they still have it but it is worth taking to a counciler- its free too! Chat Icon



Thats what we did, We worked with Lynn Law. She is wonderful. Give it a try. She will educate you on stuff you might think you know or dont know. And it is free.

Posted 2/27/06 1:10 PM
 
 

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