Refinancing Home Mortgage
In: Mortgage Payment
25 Jan 2010For example, I had no income and a $3,500 monthly mortgage payment for a difference of $3,500. I would be interested in higher numbers but please provide a couple of sentences of explanation. In my case, I was able to liquidate assets to purchase this home where I had no job and a $3,500 a month mortgage.
This is about mortgage information questions.
1 Response to What was the highest difference between your mortgage payment and your income?
Sarah K
January 25th, 2010 at 8:40 am
I wish I could do that, but the mortgage terms would probably be atrocious… I’m saving for a down-payment on a home and my last year of employment was nuts (went from webmaster to piercing/tattooing to selling on eBay and am now back to IT/webdesign.) I’ve been told that I need to have more of an employment history before I get a decent rate.