maximum rate on home loan I should accept

[TechBoyJK]

In my search for a place to stay in St. louis downtown, I found mybluspace.com

They sell apartment esque condos. I can get a similar size place compared to the $950 per month loft apartment I am seriously considering, for $120k.

Last time I tried to get a home loan, my credit was shit, because I had some defaulted cc's on my report. Everything is settled and off my credit now, and I'm making good money. Aka, I'm not subprime anymore. At subprime, I was looking at 11% fixed apr.

I haven't been shopping yet, but what is the maximum reasonable rate I should accept? I know my credit isn't perfect, so I can't get the best rate, but I'm hoping I can get down to at least 7-8%

 

[randay]

Originally posted by: TechBoyJK
In my search for a place to stay in St. louis downtown, I found mybluspace.com

They sell apartment esque condos. I can get a similar size place compared to the $950 per month loft apartment I am seriously considering, for $120k.

Last time I tried to get a home loan, my credit was shit, because I had some defaulted cc's on my report. Everything is settled and off my credit now, and I'm making good money. Aka, I'm not subprime anymore. At subprime, I was looking at 11% fixed apr.

I haven't been shopping yet, but what is the maximum reasonable rate I should accept? I know my credit isn't perfect, so I can't get the best rate, but I'm hoping I can get down to at least 7-8%

I dunno but my neck and boobs itch.

 

[Ns1]

jeez, 125k?

maybe you can find a ton of convenience checks and get 3.99 for life.

 

[ObiDon]

don't forget to take HOA fees into account when you're comparing. some HOAs have high fees some have low fees.
the bad thing about low fees is that, if something like roofing or new windows needs to be done and the HOA hasn't collected enough to cover it, you can get hit with some fairly large "special assesments" to make up the remainder.

 

[TechBoyJK]

Originally posted by: randay

Originally posted by: TechBoyJK
In my search for a place to stay in St. louis downtown, I found mybluspace.com

They sell apartment esque condos. I can get a similar size place compared to the $950 per month loft apartment I am seriously considering, for $120k.

Last time I tried to get a home loan, my credit was shit, because I had some defaulted cc's on my report. Everything is settled and off my credit now, and I'm making good money. Aka, I'm not subprime anymore. At subprime, I was looking at 11% fixed apr.

I haven't been shopping yet, but what is the maximum reasonable rate I should accept? I know my credit isn't perfect, so I can't get the best rate, but I'm hoping I can get down to at least 7-8%

I dunno but my neck and boobs itch.

i can give you some cream to rub all over it

 

[Capt Caveman]

Originally posted by: TechBoyJK

Originally posted by: randay

Originally posted by: TechBoyJK
In my search for a place to stay in St. louis downtown, I found mybluspace.com

They sell apartment esque condos. I can get a similar size place compared to the $950 per month loft apartment I am seriously considering, for $120k.

Last time I tried to get a home loan, my credit was shit, because I had some defaulted cc's on my report. Everything is settled and off my credit now, and I'm making good money. Aka, I'm not subprime anymore. At subprime, I was looking at 11% fixed apr.

I haven't been shopping yet, but what is the maximum reasonable rate I should accept? I know my credit isn't perfect, so I can't get the best rate, but I'm hoping I can get down to at least 7-8%

I dunno but my neck and boobs itch.

i can give you some cream to rub all over it

Looks like you have someone that wants to come visit you.