Stargazer Lilies
New Member
- Joined
- Jan 4, 2013
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I stopped working a few years ago after my health spiraling downward. I don't see myself working regular full time job anytime soon.
I am trying to return to work part time later this year but with current not so pretty employment rate, and being deaf, it seems like a fat chance.
At the same time I am trying to establish my own small business to make it easier on my health until I recover completely. I am slowly improving.
I am currently live at home with my dad in area where deaf community are minimal or non-existent. I wanted to move out to larger deaf community for better social opportunities and better support services ASAP. I haven't decide which deaf community it will be.
I felt it is cheaper to buy small condo or home whose value will increase over the time than it is to rent apartment. It makes an excellent investment too.
I looked into Section 8 for help with paying the rent, then covert that into paying for mortgage. There is a very long wait list to get the voucher, never mind the cuts in the government fundings.
I am on SSDI and have a "thin credit history" (don't ask!). However I have a very large saving and portfolio.
The question is can I get a small mortgage if I put up 50-60% downpayment for condo or small home, and still have more than enough savings to cover mortgage payments over the years, all while have no consistent income except for SSDI?
Do anyone know of realtor or mortgage lender with experience with this kind of case involving deaf client? Any referral will be appreciated!
Thanks
~Lily
I am trying to return to work part time later this year but with current not so pretty employment rate, and being deaf, it seems like a fat chance.
At the same time I am trying to establish my own small business to make it easier on my health until I recover completely. I am slowly improving.
I am currently live at home with my dad in area where deaf community are minimal or non-existent. I wanted to move out to larger deaf community for better social opportunities and better support services ASAP. I haven't decide which deaf community it will be.
I felt it is cheaper to buy small condo or home whose value will increase over the time than it is to rent apartment. It makes an excellent investment too.
I looked into Section 8 for help with paying the rent, then covert that into paying for mortgage. There is a very long wait list to get the voucher, never mind the cuts in the government fundings.
I am on SSDI and have a "thin credit history" (don't ask!). However I have a very large saving and portfolio.
The question is can I get a small mortgage if I put up 50-60% downpayment for condo or small home, and still have more than enough savings to cover mortgage payments over the years, all while have no consistent income except for SSDI?
Do anyone know of realtor or mortgage lender with experience with this kind of case involving deaf client? Any referral will be appreciated!
Thanks
~Lily