@slotplayer 175108 wrote:
It was clearly the banks, here’s why.
A seasoned computer software programmer can look at a chunk of code written by a novice and either debug it quickly or write it more efficiently. In another example drive a noisy a to mechanic and they have a generally idea where the problem might be.
When a mortage broker examines financial data they can tell right off the bat what the person can and cannot afford.
Perhaps in your case this may be true but generally:
A 347k mortage even at 5% for 30 years is about 1862.77 a month.
That would pretty hard to meet on $14 an hour and I doubt many would even qualify.
I am beginning to wonder if my English is as good as I though LMAO
Let me clarify , i bought the $190,000 house and i can afford that on $14 per hour.I had a downpayment and didn’t mortgage $190,000.I am pretty sure I wont be going back to $14 per hour , our cleaning lady makes more than that LOL