Ways To Buy A House - What You Can Use For A Down Payment For A Home

There are lots of ways to buy a house. But do you know what you can use for a downpayment? http://www.rmilending.com

0:22 Rich Iacovetta of RMI Lending discusses how Fannie Mae issued new bank guidelines that take effect on December 12, 2009, that will affect your ways to buy a house. You must have a credit score of at least 620 and your debt ratio must not exceed 45% of your gross income. Also learn what you can use for a downpayment for a home. Watch the video for more information.

0:57 A Chinese business man holds a beauty contest for his 5 mistresses and he comes out the loser.

2:14 Spencer Reynolds tells why he watched Facebook Friday

2:35 The unemployment report comes in, and the fed will stop buying mortgage backed securities. What will this do to interest rates?

Category:

News & Politics

Tags:

• ways to buy a house
• downpayment
• downpayment for a home
• fannie mae
• guidelines
• rules
• credit score
• debt ratio
• spencer reynolds
• unemployment report
• mortgage backed securities
• interest rates
• rich iacovetta
• rmi lending
• facebook friday