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Aaa cash advance albuquerque

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Aaa cash advance albuquerque

Assume a 200,000 mortgage with a rate of 3. 875 (4. 275 APR). The following numbers are being used simply for this example; this does not reflect your mortgage scenario. Principle Interest: 940 Tax: 200 Insurance: 50 Mortgage Insurance: 100 Total Payment: 1290. One Months Reserve: 1290. While FHA does not require you have reserves when purchasing either a single family home or condominium, if you are purchasing a duplex or multi-family twothree months will typically be required.

Home Condition. The home must meet FHAs minimum standards for the safety, quality and condition.

Aaa cash advance albuquerque