MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

Scenario 4

This is a young couple with a graduate degree. They have a small young family. He is in his first job, a good one. They have saved $10,000 dollars so far. They have excellent credit (above 720). They have two problems: They want to stay close to work, which is costly. They need to keep their payments down for a year or two. They either need a low rate or to settle for a starter home.

If this is or was you, how did you deal with this? If you are a professional in the business, how would you attack this problem? I have some ideas, but will wait for a bit.

Your ideas are welcome. Larry Cragun

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