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I want to buy a second home in NY area (would love to hear from those who can lend in NY) and here is my situation- hopefully it's all you need to offer opinions. 1. Own a home in Fl. with approx. 180k left on mort. Worth 280 but dont want to get second mort. since family member co owns. Total payments with prin, int, insur, taxes is $1400 monthy that I pay by myself- co owner doesn't live here. Plus I have $225 community dues monthly, no other regular monthly payments- no car loan or credit card balance- use debit card. 2. Net worth approx. 2 Mil but 500k is weird stuff...private RE partners
Hello, I pulled my Experian report today... I know i know, experian is the lesser of the 3 right, well it was free with my membership and i just wanted an update. This is what i expected ( and to protect the innocent i am rounding off numbers here) Had a car loan Origional limit was 23,000 > recently i had it paid to 16000 > I made a large payment of 13000 So my current balance is about 3000 So this is the major beef im encountering: my credit report prior to this displayed my credit to debt ratio as 56% I had assumed that after a large payment it would drop my p