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Originally Posted by deddlastt  I am talking about government incentives, not just getting a lower interest rate. Shoot. Even a VA loan had a higher rate than what we could do on our own.
Silly me for not looking for government incentives? Honestly, I never would dream that the government would give me money for a home, car, or anything else a responsible person earns and works for.
I am white, work, have great credit, saved to have a downpayment, and waited until I could afford a house. Oh, and most importantly, bought a house I could afford.
dl |
Hey, we had to get our house w/ an ARM because of H's horrible credit--however we bought a house we could afford, plus we were well aware that after 2 years the payments were going to blow up! That's why we paid our mortgage on time every month and refi'd prior to the ARM ballooning the payments....
I don't disagree with you. I'm just saying that there are and have been some incentives for 1st time buyers for a while now, just not in the form of immediate cash in your pocket.