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Old 11-01-2003, 11:42 PM  
Za Ha
Confirmed User
 
Join Date: Oct 2001
Location: Still lost
Posts: 5,112
Quote:
Originally posted by PM2
you dont need to state your income to get a mortgage.
Sure you do.

U state your gross monthly income, your expenses, your property tax and they calculate how much you can take a mortage out for.

If you put in 25% they dont care especially if the house is in a nice area. If you are buying more then 2 houses then you must put in 30% cause its considered as an investment.
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