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buying house and down payment

Posted on: 11th Dec, 2013 10:52 pm
Will I be able to buy a house with SSI? Can I also get a loan for paying the down payment?
Hi Testy,

You may be able to buy a house with SSI but you will not be able to get a loan for down payment. The funds for your down payment should come from your savings.

Thanks,

Jerry
Posted on: 11th Dec, 2013 11:24 pm
Yes you can purchase with just social security income. We will gross up your income to 125%. If you are in CA, NV, UT, TX or AZ, we offer 99.5% loan option.
Posted on: 12th Dec, 2013 10:58 am
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