Quote:
Originally Posted by USAFstevo
Just a side note but wouldnt him borrowing half from his dad lower his debt to income ratio making it easier to buy a house, since only half was financed instead of the full amount. just saying. If I could borrow money with a 0% interest rate I would think you would be stupid to not take the offer saving a great deal of money over time regardless of who its from. to the op: It isnt impossible for someone your age to get approved for the loan, im 21 and I just signed the papers today..
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Did u have a co signer? How much was ur loan amount? Which financial institution? Ur rate? Financed through dealer? Lol sorry for all these questions... Just trying to make clear how u were able to get a loan urself at age 21. Especially with all these strict requirement guide lines most lenders follow these days. But congrats on ur purchase!