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Apologies for the all caps. Thanks in advance to everyone here for the suggestions... cheers
We’ve been saving for five years now, and between the four of us, we have $17,000 tucked away. Our main issue is that I am currently unemployed, and my husband works as a
merchant mariner, which puts him in a high-risk occupation category. We were told we would need
a co-signer or a guarantor—whatever. But now, they are informing us that given
our current savings, a guarantor isn't actually necessary. Instead, they just require a 20% down payment from those funds. Essentially, we could pull $80,000 over about 17 years and a few months without any trouble. Honestly, I'm relieved we don't need a co-signer, because finding one in our small town is an impossible mission, and frankly, we don't trust anyone anyway since
things are so unpredictable these days. Has anyone else dealt with something like this before?