06-02-2010, 07:32 AM
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#11 (permalink)
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A True Z Fanatic
Join Date: Feb 2010
Location: USA
Posts: 2,011
Drives: 09 370Z
Rep Power: 264
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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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Remember im in belgium things are probably different here.
but its true its easier to loan for a house since I cut half of my debt to the bank
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