Any idea if the amount of down payment one is willing to put down makes a difference on ones ability to get a mortgage. I am hoping to buy in TV sometime late summer. My complication is I will be a divorcee with alimony and a monthly pension amount. Too young for SSI yet but though I can afford to pay cash I was thinking of putting about 25-50% down and having a smallish mortgage. I do plan to try and fiind a PT job just for fun money and to keep my mind occupied, but nothing big.
Should I just give up the thoughts of a mortgage and pay cash? OH decisions decisions............
S.
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