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No, you can't. When Buying a home you will need two years of empolyment history, and it is not good if you are job hopping, That shows that bank that you are not reliable enough to make that commitment. Even if you have a big downpayment, "How are you to pay the rest?" is what the bank is going to question. and take a look at your credit score to make sure that your score is in good condtion. and if you have any past collections in the past 3 years you might wanna do something about that also. If they are a large amount the bank might require you to pay them off also. you might wanna go talk to a mortgage service near you and get advice on what to do.
AnswerYes, you can on march 28, 2006 my husband and I just bought a house on Georgia we currently live in San Francisco so it was inposible for us to prove two year of income the only thing we provide to loan officer was two years cancel checks for our rental place and a excellent credit we bought the house with no down payment, no closing cost we only pay for insurance.I hope this information help you!
What else can I help you with?
How much is a good down payment to buy a house?
20%
Where does the down payment go - to the seller or the bank?
The down payment goes to the seller when you buy a house.
Can you buy a house with 1000 down payment?
yes
Can you buy a house with a 5000 down payment?
I would say yes, but not a very big house.
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
How much is a good down payment to buy a house?
20%
What do you need for to buy a house?
Some things are - A job, money for down payment and good credit.
Where does the down payment go - to the seller or the bank?
The down payment goes to the seller when you buy a house.
Can you buy a house with 1000 down payment?
yes
Can you buy a house with a 5000 down payment?
I would say yes, but not a very big house.
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
What do i need to buy a house?
You need either enough cash to pay the selling price or a down payment, a good credit history and a steady job.
Find a House With No Money Down?
If you thought that you could not buy a house with no money down, you would be wrong. There are ways to get around paying a down payment for a house if you know where to look. Find a home that has been on the market for a long period of time. The realtor will sometimes not require a down payment just to get the house sold. Homes that are sold by individuals are more likely to not require a down payment.
How to Buy a House with No Money Down?
During the housing boom, it was easy to buy a house with no money down. However, the disastrous consequences of that have caused lending to be tightened. The best way to buy a house with no down payment in today's market is to purchase a small house and use a loan with large, stable payments. This reduces the risk to the bank, and makes it clear they will get their money back. It is necessary to have good credit as well, so one should repair their credit or cultivate good credit beforehand if they want to buy a house in such a manner.
What percent down payment to buy a 250000.00 home?
What is the minimum percent down payment to buy a 250,000.00 home?
What are the requirements for obtaining bank loans to buy a house?
To obtain a bank loan to buy a house, you typically need a good credit score, stable income, low debt-to-income ratio, and a down payment. Lenders will also consider your employment history and the property's value.
Do you have to pay cash to buy a foreclosed home?
Not all cash. You have to pay some cash to buy any home (the down payment). Therefore you buy it the same way you would buy any house.
