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Old 11-10-2005, 04:45 PM
arod15 arod15 is offline
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Join Date: Apr 2005
Location: Jessica Alba How U DOING
Posts: 783
Default Re: Looking to Buy my first House, Need some Help/Tips

Doing a piggy back is not a bad idea (IE 5% then taking a loan) But if you have a small one coming i'd wait. Mortgage payments are a lot to deal with if you have diapers to pay. I'd hold off if you dont have money for at least 5% and 15K plus in the bank. I know interest rates will rise, but you'll quickly see that 45K is not all that much, especially with a baby....
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