The online payment feature was broken for a few weeks but is now functioning again.

My credit is around 500 and I am behind on my house payment.

Collect payments?

(the pricing is awful with only 10% down however). the advantage of calling it an investment property is you can use potential income from the property to help offset the mortgage payment to qualify.

In that case, i am capable of covering the 20% down payment and closing cost with the money i saved up.

Great question, I saw a post yesterday that someone got a HELOC for a down payment on a property last June and the payment was $500/month, interest rates went up and now they're paying $850/month.

I'm planning to put 15%-20% as a down payment, so maybe that can be as a "compensating factor" to the lender, if I won't have enough income history at 19.Thank you so much!!

You can also expect that you will have a handful of paperwork to complete and receiving your 1st payment could take a month, as they have to enter you into the system and likely have set pay out dates.

Through the program, the state will give you 20% of the down payment or $150K (whichever is less) at no interest.

It was a $5k discount and a 6% 30 year fixed mortgage a non-owner occupant, just too good to pass up.