There's an affordable ownership lottery for the bordering neighborhood, and I just sealed and mailed an initial application.
I have no idea what's going to happen (my credit score is marginal and debt-to-income is ridiculous...a fair part of which is mom's doing).
Even though we'd be occupying the unit together--this rent cannot be sustained by one income--and we'd have a better chance using both of our information (I'm 'disabled', she's officially elderly; elderly get priority for affordable housing) she gave me the application the day before she went on vacation so I don't have any of her info to use (so I have to apply singly, as listing her as a household member means that I need all the information she says I don't need). Mine alone may not get past the initial screening...my current debt load (not counting the rent I pay now) is nearly twice my annual income which I'm sure doesn't look good although 2/3 of that is student loans.
*if mom is the one on the affordable-lottery list and keeps telling me that "we" are going to apply, why did she toss this in MY lap if she knows full well the only way we'll get anywhere is using BOTH incomes? ...also, if they determine that I 'omitted' anything that doesn't bode well either*
I have no idea what's going to happen (my credit score is marginal and debt-to-income is ridiculous...a fair part of which is mom's doing).
Even though we'd be occupying the unit together--this rent cannot be sustained by one income--and we'd have a better chance using both of our information (I'm 'disabled', she's officially elderly; elderly get priority for affordable housing) she gave me the application the day before she went on vacation so I don't have any of her info to use (so I have to apply singly, as listing her as a household member means that I need all the information she says I don't need). Mine alone may not get past the initial screening...my current debt load (not counting the rent I pay now) is nearly twice my annual income which I'm sure doesn't look good although 2/3 of that is student loans.
*if mom is the one on the affordable-lottery list and keeps telling me that "we" are going to apply, why did she toss this in MY lap if she knows full well the only way we'll get anywhere is using BOTH incomes? ...also, if they determine that I 'omitted' anything that doesn't bode well either*
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