Me and my wifey always admired this house -
Now we see that it's for sale for $239,900 and are considering jumping at it, but I worry how tough it is to get a bigger loan like that.
I currently don't have any debt at all and I own a mini-van, truck, camper, $30K house, and also an $18K piece of land, so I do have a bit of collateral.
As far as a down payment goes, my high tax bill kinda fucked me a bit, but I'd be left with $40-$50K to put down on it.
As far as my credit score goes, it got hurt a bit in the past before I was making the good money, now I have to rebuild it, I'm like in the 600-620 range.
I've never dealt with a house loan before, so I'm not sure if the bank would laugh at me or not, what do you think ???