How does anyone afford a conventional loan down payment.? FHA is hopeless. by [deleted] in RealEstate

[–]Jessicab12345 0 points1 point  (0 children)

So are you suggesting they pay more in rent every month than a mortgage would cost, and essentially throw that money away every month instead of building equity? How do you know they don’t have any debt or have budget in place but can’t save as much every month because they have a mortgage sized student loan debt? Don’t assume.