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  • April 9, 2009 at 2:15 PM #15452
    sd_matt
    Participant

    I pre qualified about a month ago for a VA loan. I have three letters at $250k, $275k and $300k. It is zero down but with fees, of course. The payments, including property tax, and insurance are $1701, $1841 and $1981 respectively at 5.375%. Fees at $300k are about 7k out the door.

    Can I do better than this? I want to use zero down so that I can save more cash for possible future properties.

    April 9, 2009 at 5:18 PM #378569
    Nor-LA-SD-guy
    Participant

    I find this interesting, seems there are quite a few younger engineer types where I work getting their ducks in a row getting pre-approved and actively starting to look, I guess the Home price/interest rates ratio is getting to that sweet spot where we may see some increased activity here in the home purchases from previously locked-out by the bubble younger types making their first home purchase.

    Interesting…

    I think you should be able to find a zero down but you will need to search a little, I don’t have first hand on any loan info I will admit as I am not looking to get a loan at the moment or buy zero down.

    April 9, 2009 at 5:18 PM #378847
    Nor-LA-SD-guy
    Participant

    I find this interesting, seems there are quite a few younger engineer types where I work getting their ducks in a row getting pre-approved and actively starting to look, I guess the Home price/interest rates ratio is getting to that sweet spot where we may see some increased activity here in the home purchases from previously locked-out by the bubble younger types making their first home purchase.

    Interesting…

    I think you should be able to find a zero down but you will need to search a little, I don’t have first hand on any loan info I will admit as I am not looking to get a loan at the moment or buy zero down.

    April 9, 2009 at 5:18 PM #379029
    Nor-LA-SD-guy
    Participant

    I find this interesting, seems there are quite a few younger engineer types where I work getting their ducks in a row getting pre-approved and actively starting to look, I guess the Home price/interest rates ratio is getting to that sweet spot where we may see some increased activity here in the home purchases from previously locked-out by the bubble younger types making their first home purchase.

    Interesting…

    I think you should be able to find a zero down but you will need to search a little, I don’t have first hand on any loan info I will admit as I am not looking to get a loan at the moment or buy zero down.

    April 9, 2009 at 5:18 PM #379073
    Nor-LA-SD-guy
    Participant

    I find this interesting, seems there are quite a few younger engineer types where I work getting their ducks in a row getting pre-approved and actively starting to look, I guess the Home price/interest rates ratio is getting to that sweet spot where we may see some increased activity here in the home purchases from previously locked-out by the bubble younger types making their first home purchase.

    Interesting…

    I think you should be able to find a zero down but you will need to search a little, I don’t have first hand on any loan info I will admit as I am not looking to get a loan at the moment or buy zero down.

    April 9, 2009 at 5:18 PM #379200
    Nor-LA-SD-guy
    Participant

    I find this interesting, seems there are quite a few younger engineer types where I work getting their ducks in a row getting pre-approved and actively starting to look, I guess the Home price/interest rates ratio is getting to that sweet spot where we may see some increased activity here in the home purchases from previously locked-out by the bubble younger types making their first home purchase.

    Interesting…

    I think you should be able to find a zero down but you will need to search a little, I don’t have first hand on any loan info I will admit as I am not looking to get a loan at the moment or buy zero down.

    April 9, 2009 at 11:47 PM #378674
    sd_matt
    Participant

    Nope not in engineering. Just looking to see if my shopping was thorough. If not then I’ll stand corrected. Whatever it takes to keep more of those increasingly worthless $$.

    April 9, 2009 at 11:47 PM #378952
    sd_matt
    Participant

    Nope not in engineering. Just looking to see if my shopping was thorough. If not then I’ll stand corrected. Whatever it takes to keep more of those increasingly worthless $$.

    April 9, 2009 at 11:47 PM #379133
    sd_matt
    Participant

    Nope not in engineering. Just looking to see if my shopping was thorough. If not then I’ll stand corrected. Whatever it takes to keep more of those increasingly worthless $$.

    April 9, 2009 at 11:47 PM #379177
    sd_matt
    Participant

    Nope not in engineering. Just looking to see if my shopping was thorough. If not then I’ll stand corrected. Whatever it takes to keep more of those increasingly worthless $$.

    April 9, 2009 at 11:47 PM #379304
    sd_matt
    Participant

    Nope not in engineering. Just looking to see if my shopping was thorough. If not then I’ll stand corrected. Whatever it takes to keep more of those increasingly worthless $$.

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