All Forum Posts by: Cody Tittle

Great information Todd! Does the program pay the going rent rate or are they usually looking for discounted rates or lower income communites?

@Account Closed Thanks again friend!

@Account Closed  

Thanks!

I'm obligated to 6 years with the reserves, then 2 years irr. I make 62k as an engineer. 

I have a few questions, some may be simpler than others. For starters, I am in the Army Reserves, just commissioned last year though, so I'm not eligible for a VA loan.

First, does joining the NFCU effect my credit score?

Does anyone know if I'd be eligible for the zero down mortgage on a primary residence?

Also, what does the rate increase look like for their ARM? I've heard that some are 1% per year after the first 3-5 years of fixed rate?

Yes I know I shouldn't go into a deal with no money, I basically have enough for reserves or a down payment, but not both. That's why I'm looking for a zero down loan. Thanks!