March 14th, 2010
Time Limit: 1 month
If I own a home, will that make it more difficult, if not impossible
to get the popular government loans? My husband is going to go to law
school in about two years, but we are going to purchase a home first.
We don't want to, however, if it will prevent us from getting most
loans.Theoretically, owning a hoem should help you. Why? Look at the FAFSA
form. It does not ask you whether you own a home. And your net
asstes is supposed to exclude your home.
Supposed you put $30,000 down on a home; it will appear that you have
$30k less in assets that you would have if you did not purchase the
home.
[I am not 100% positivie of this]#If you have any other info about this subject , Please add it free.# |
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