Mortgage Forum

Mike

We are 27 yr and 24 yr college students – one finishing up for masters, not having good credit (525, 660, 628) and the other is still student having good credit but not allowed to work while in school. However she has taken student loans, so the money comes from there, even I have student loans to pay for my edu. expenses. We’re in a relationship and staying together in an partment with rent payment of 700 per month. We'd like to buy a home now that we’re getting married in a few month. We’re finding there are good homes to buy but not while we rent it's taking out a lot of dollars so better to buy. We have not recent lates or inquiries on our credit report, should we start shopping now or wait till we get married? Her father has a great credit history but he has recently bought a new home, so I doubt whether he'll be able to take out a new loan for us. He said he could be a co-applicant, cosigner and whatever that can help him get a loan for us. Is this good or bad? Will it be ok or tough for him to take a loan for us just because he’d recently taken one to buy his home? Meanwhile I have checked out some down payment assistance programs available for FHA. My work history is for 6 years as a part timer and I'm looking for full time employment. But are there chances of getting a mortgage prior to being a full timer? Thanks for any advice you may have for us

mariya08

Your advice is really very helpful for us.now i foreword our education through loan.
Thanks a lot!

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