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Updated over 4 years ago,
College Student Looking to Buy First Home
Hello,
I am a full-time college student at the University of Central Florida. I also work part-time as a substitute teacher. I am currently still living at home but am looking to buy a house to move into and have roommates. I am interested in doing the First Time Buyers Program. I am looking into possibly purchasing at the beginning of 2021. I am expecting to have a cash gift for the down payment. I do plan on staying in the Orlando area. I am looking for a house near the University so if there is a time I would need to move or if "life happens" I know I will be able to rent rooms.
My questions are would I be approved a loan for a house? Would me renting rooms be okay with the loaner? Is there any advice on first time buying that would help me?
Thank you!