Wednesday, December 21, 2011

How Young Is Too Young To Buy A House?...

Good Morning!

How young is too young to buy a house?
From a mortgage perspective there is no "minimum age" to purchase a house.

However, it really depends on the state you live in.

Each state or jurisdiction in which a property is located will have specific laws that detail the minimum age at which a mortgage note can be enforced.

In Texas for instance - you must be 18 years old to enter into a contract.

That's it for today!

Have a great and safe Christmas!

REMEMBER:  I can do FHA loans on single family homes now down to 500 credit scores -  read this blog post to learn more...

To see if you would qualify for a mortgage right now just fill out this simpleapplication.

To sign up for more tips like this one click here.

Have a good day today!  ...and thanks for reading.

Brett

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