☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 9 months ago40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’external-linkmessage-square50 fedilinkarrow-up1130cross-posted to: usa@lemmy.ml
arrow-up1130external-link40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 9 months agomessage-square50 Commentsfedilinkcross-posted to: usa@lemmy.ml
minus-squarebigboopballs [he/him]hexbear37·9 months agowhy aren't I allowed to get a mortgage that is lower than the average monthly rent I have to pay anyway!? link
minus-squarejkrtn@lemmy.mlhexbear7·9 months agoMaybe you can get a mortgage with PMI. They have some out there that are reduced money down. linkfedilink
minus-squarecomrade_pibb [comrade/them]hexbear8·9 months agoiirc less than 20% down is doable with mortgage insurance link
minus-squarepeeonyou [he/him]hexbear7·9 months agosame.. we may an obscene amount of money for rent but can't get a mortgage for even 3/4 of that amount link
why aren't I allowed to get a mortgage that is lower than the average monthly rent I have to pay anyway!?
Maybe you can get a mortgage with PMI. They have some out there that are reduced money down.
iirc less than 20% down is doable with mortgage insurance
same.. we may an obscene amount of money for rent but can't get a mortgage for even 3/4 of that amount