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[quote=Anonymous][quote=Anonymous][quote=Anonymous]i wouldnt do that as a single mom [/quote] FFS. She makes 200k per year. [/quote] Point? It’s still not enough. Is there another parent financially supporting your 2 children? Then you need to think about the other costs of ownership, is it a new or near new home? You would have to put down more because 20% will net you a mortgage over a million and underwriters tend to not like that. But on the other hand you want to hold on to your reserves b/c what if you lose your job? Think on this…if you have a backup plan like moving back to your parents’ then maybe it could work…[/quote]
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