Re:Home Price to Income Ratio
by eropple on Monday September 20, 2021 @08:16PM
(#28600650)
Bay Area homes often don't qualify for FHA stuff due to price.
Other major metropolitan areas do OK, though. I put 5% down on my first house just outside of Boston and 10% at my current home (voluntarily, my mortgage broker asked for 6.5%).
Other major metropolitan areas do OK, though. I put 5% down on my first house just outside of Boston and 10% at my current home (voluntarily, my mortgage broker asked for 6.5%).