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Old 01-02-2011, 05:38 PM
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skyguy79 skyguy79 is offline
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Originally Posted by whartonjelly View Post
Confused on how to buy a house in TV and also live on a fixed income. Who will loan you money. Should I continue to work in Indiana while attempting to buy in TV. Will need to sell in Indiana. Do you have to be a resident? If so, for how long? I am a Nurse and could work in Florida also. We will both be retired at age 60. This will be our third home in a lifetime. Hoping for an affordable courtyard. Please share experiences!
My wife and I are both retired and own our home in NYS. We will be closing on a purchase in a few weeks and here is what we did. We contacted Citizens First Bank and after the loan officer contacted us back she was able to take our financial information, run a credit check and let us know if we pre-qualified for a loan and gave a preliminary amount we could finance. This was no guarantee of a loan, but it gave us a good idea where we stood as well as a document to present to the TV agent we are working with.

If interested go to https://www.cfwmortgage.com/ for more information. Just remember that if you do call, have your financial information present to give them... you know.... income, expenses, bank accounts info, etc. Good luck!
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