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YEP, I'LL APPROVE YOU AT BAR TIME! 3.5 REASONS UNDER 30 ISN'T BUYING.

By
Mortgage and Lending with Fairway Independent Mortgage Corp.

The “under 30″ crowd seems to be doing a lot of sitting in their apartments thinking they’re stuck renting.  We have identified the three (well four once you let Milly get a hold of this) main reasons renters of the Fox Cities think they cannot buy a home today:

  1. Credit, Most Gen Y’s think they either don’t have enough credit or their current score isn’t good enough.  Most of these feelings have been caused by mis-information on the web and television.  Most first time home buyers come in here thinking their credit isn’t good enough and leave with an appointment with a real estate agent.
  2. Income/Job, A lot of the younger crowd is only about a year into their first “real job”………….we can work with that.
  3. Down Payment, there are several loan products, that don’t require a great credit score, that are offered with little or no money down.
  4. ????  Well………….you’ll just have to watch the video……….

If you’re a renter and need more input, as always, we offer a FREE, no obligation home purchase application and credit consultation.  Also, if you need any help finding a real estate agent, do not hesitate to call or email anytime.

We hope you enjoy today’s installment!

If you or any of your loved one have any questions regarding mortgage financing, home ownership or banking in general, please don’t hesitate to reach out.

Until next time-Yours Financially, Milly

Jamey Milheiser, NMLS #284184

www.millythemortgageguy.com

jameym@fairwaymc.com

Phone:             920-722-5626

 

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Jamey "Milly" Milheiser

Your Mortgage Guy

Fairway w phone

 

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Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

 

Some under 30s are carrying alot of student loan debt.

Apr 11, 2012 05:00 AM