Wednesday, August 18, 2010

How to get a mortgage when the bank won't help you?

my sister is on goverment disablity and we have been told she is not allowed to own a home then if that can be overcome and how? Then she needs 13000.00 to get the mortgage because she would need to pay off her existing debt. Why won' they give her the extra money with the morgtaga and paythem off too?How to get a mortgage when the bank won't help you?
More than likely because her mortgage payment will be more than they are comfortable with to take out of her check.





She CAN own a home on disability, just not multiple homes.





If she's saying she cannot own a home on disability, she's either mis-informed, or trying to get out of having her name on the debt or tax bill.How to get a mortgage when the bank won't help you?
have her try low income housing in your state. or try FMHA or a rural home development subsidary. goodluck and best wishes!
If she is on disability, she can't work. It means the only income she has is the disability check. Is that why she can't get mortgage? Why should the bank give her extra money with the mortgage? ?
try a mortgage company

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