A friend forwarded me this link that he received in an email from his credit union. Can’t afford a home? Fear not, BECU can wave their magic wand and increase your buying power!
Is Your Dream House Just Beyond Your Price Range?
posted Apr 04, 2006Home prices have increased tremendously over the past several years. Whether you’re looking for your first home or would like to buy a nicer home, it seems that no matter what your price range is, the house you really want always costs a bit more. Well, there is some good news.
BECU offers several home loan programs that are designed to increase your ‘buying power’ by either allowing you to qualify for a larger loan amount or reducing your monthly payments. You can save thousands on closing costs too! BECU’s home loan closing costs are consistently lower than other lenders.
Super, so if I can’t afford a house, we can just play with "the numbers" until I can! That’s definitely a recipe for success… Clearly I’m old fashioned, because I just don’t see the underlying wisdom behind intentionally biting off more house than you can chew. Surely prudent saving and spending within a realistic budget is better in the long term, right?
Less (monthly payment) is More (house). Greed is Good. Debt is Wealth.
(BECU, 04.04.2006)