This is absolutely true. Your income and job stability is the first thing a lender looks at. The needing money part is also true though; you really really really should absolutely not buy a home without at least 20% down and for that matter it's almost impossible to buy something without at least 10% down in most states.Originally Posted by antimatter
Sadly when people go looking at that 300K house ... they know they can make the mortgage payment on it, but it's that coming up with 60 large they don't have saved that's the big snag.
/sorry for the OT. How's that LED backlight box? Got it painted white inside yet?