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    melissaplus's Avatar
    melissaplus Posts: 2, Reputation: 1
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    #1

    Jul 6, 2008, 01:11 PM
    Buying a home ?
    Can someone who is self-employed and on Supplementary Security Income buy a home ?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jul 6, 2008, 01:13 PM
    Quote Originally Posted by melissaplus
    Can someone who is self-employed and on Supplementary Security Income buy a home ?


    Sure. A mortgage depends on income - there are also special programs out there for first time home buyers.

    Check with different lenders.
    melissaplus's Avatar
    melissaplus Posts: 2, Reputation: 1
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    #3

    Jul 6, 2008, 01:14 PM
    If someone who is self employed and someone in the family is receiving supplemental security income will this family be able to buy a home ?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Jul 6, 2008, 01:20 PM
    Quote Originally Posted by melissaplus
    If someone who is self employed and someone in the family is receiving supplemental security income will this family be able to buy a home ?

    Posting twice won't get you any more answers - someone else will come along, I'm sure, and perhaps you are looking for more detail than I've already given.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #5

    Jul 6, 2008, 01:37 PM
    Anyone can buy a home if the can show enough income to pay back the mortgage.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #6

    Jul 6, 2008, 02:09 PM
    Yes, if they can find a mortgage company that accepts this amount of income and if both of the people with income are going to sign the mortgage.

    And how much down payment will they have, will their be able to make the payments, each case will be reviewed in detail
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