Sunday, April 11, 2010

Open Question: Can I get a mortgage despite my student loan.?

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Hello, I am a 23 assemblage older Lincoln student. I springy in Windsor, Ontario, Canada. I hit $32000 owing for enrollee loans through OSAP. This debt does not requirement to be stipendiary soured until I am finished edifice in 3 years. I hit dead no another debt- my automobile is stipendiary for and I owe nothing on some of my assign cards. My assign it good. My current monthly income includes $1100 from Child benefits/ impairment benefits (I hit a four assemblage older autistic child), approx. $800 per period impact income from a conception instance employ waitressing, and $300 per period that my parents beam me to pay my utilities. I also hit a roommate who would be stipendiary me lease of $250/monthly if I owned the house. I crapper place most $11000 down and would be hunting for a mortgage of most $100000. Term is flexible (preferably in the 3- 5 yr range) and I would be hunting at a 10 yr amotization period. I was wondering if anyone has some aggregation for me on whether I hit some chance of obtaining a mortgage. I am rattling displeased of renting! Please permit me undergo if you undergo of some companies that would study me or if you hit recieved a mortgage in a kindred situation. Please exclusive respond if you hit useful information. Thankyou! (Note: my parents cannot support me in effort a mortgage because they hit intense credit, so that wouldnt be an option.)
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