How young is too young to buy a house?
From a mortgage perspective there is no “minimum age” to purchase a house.
However, it really depends on the state you live in.
Each state or jurisdiction in which a property is located will have specific laws that detail the minimum age at which a mortgage note can be enforced.
In Texas for instance – you must be 18 years old to enter into a contract.
That’s it for today!Have a great and safe Christmas!
REMEMBER: I can do FHA loans on single family homes now down to 500 credit scores – read this blog post to learn more…
To see if you would qualify for a mortgage right now just fill out this simpleapplication.
To sign up for more tips like this one click here.
Have a good day today! …and thanks for reading.
Brett