Hey Amber, I don't make a lot of money, but I qualified for a high loan, much to my surprise. The mortgage broker did a "no income" loan...meaning you don't list your income and it is "approved" based on your good credit.
They figure if you have paid your bills in the past, you will pay the mortgage payments as well. This is for people like you and I who know we don't make a lot, but we know we will cut out everything in order to make our payments!
The interest rate was no higher than usual, and the loan is as real as any other type! Meaning it's a Conventional regular loan.
Yet, even though they trust us to give us the money, it's still up to us to repay it...and we may get ourselves into trouble because we want something so badly and go on the faith that we have always mangaged to make it in the past when our means have been so limited. That can get you into trouble... I fear the money can only stretch so far, like a rubberband! Eventually, it may be stretched so far, it breaks!
Keep in touch and let me know what you learn at your seminar.
-------------------- ~ Beth
Constipation, pain prodominent,cramps, spasms and bloat!