COLORADO SPRINGS, Colorado (KRDO) — Panorama Park underwent a formal inspection Tuesday morning by those who love it the most – the kids.
Dressed in highlighter yellow “inspector” vests, children ages 5-7 tested all the play equipment at the new $8.5 million park. Although the park didn’t officially open until August 20, the kids saw all the features and excitedly gave the park a “two thumbs up”.
Jacob Butterfield, Park Construction Manager, said seeing kids love the garden they’ve been working on for so long is amazing.
“I’ve been a playground inspector for eight years with Parks and Rec,” Butterfield said. “I’ve been working for Parks and Rec for about 25 years, and it’s all about what you see here. I mean, when you can build something like this and then get them out there and have fun. It’s really great. ”
And the kids had plenty to share, too, saying their favorite features were the slide, monkey bar, and the self-titled “spiky stuff.”
“It’s kind of like a lot of fun, and you get to do amazing things like twirl on red prickly things,” said one of the children, Kingston.
Another, Jazlyn, pointed out the slides saying, “It’s really fun because there are slides and they have things that roll, roll and you can slide down and every time you stand up it goes faster.”
More children will be able to enjoy the park when it opens on August 20. The park will celebrate with a grand opening, which you can learn more about here.
Can I buy a house in Texas without a job?

Yes, of course: Many individuals such as retirees, divorced parties, and those with large investments in banks receive it every day. In fact, it’s perfectly possible to get a jobless mortgage, as long as the lender can determine that you can actually repay the loan.
Can an unemployed person buy a house? Can I get a home loan if I am unemployed? Your employment status will affect your home loan application. Unfortunately, if you are currently unemployed, lenders may view you as a risky borrower. You have to be in your job to get approved for a home loan.
How much money do you need to make to buy a house in Texas?
How much should I earn to buy a house in Texas?
For starters, in Texas, you’d need to earn a median salary of $49,840 to buy a median-priced home, according to a report by Go Banking Rates. That would allow you to pay a monthly mortgage of $1,246 according to the report.
How much should I be making before buying a house?
The median home price in the US is $284,600. With a 20% down payment, you can expect to pay around $1,200 per month for your mortgage on a home at that price. That means that to follow the 28% rule, you have to make $4,285 every month.
Do you need a job to buy a house in Texas?
Before submitting your mortgage application, it is common for mortgage lenders to ensure that your income can sustain mortgage payments. As a result, most lenders need 24 consecutive months of work before you qualify for a home loan.
Is it easy to get a house in Texas?
The average credit score needed to buy a home in Texas ranges from 662 to 730, according to one study, but there may be programs available even if your score is lower. It’s important to remember that the higher your credit score, the more likely you are to qualify for the best mortgage rates.
What is the process of buying a property in Texas?
With that in mind, here is the process of buying a home in Texas, broken down into eight simple steps.
- Assess Your Financial Situation. …
- Get Pre-Approved. …
- Select Location. …
- Find a Real Estate Agent. …
- Go House Hunt. …
- Offer. …
- Get Inspections and Assessments. …
- Close at Home.
Can you buy a house without a job?
In order to approve your mortgage, the lender needs to know that you have enough income to comfortably make monthly payments on the loan. This makes it difficult – but not impossible – to buy a home without a job.
Can I buy a house if I’m not working?
One way you may be able to qualify for a mortgage without a job is by having a mortgage co-signer, such as a parent or spouse, who works or has a high net worth. Co-signers physically sign your mortgage to add security to their income and credit history against the loan.
How long do you have to stay at a job to buy a house?
Conventional mortgage work rules Conventional loans – the most popular type of mortgage – generally require at least two years of work history to qualify. However, less than two years is acceptable if the borrower’s profile shows ‘positive factors’ to offset a shorter earnings history.
Can you buy a house at 18 in Texas?

Any younger than 18 and you won’t be able to buy a house (at least not without a cosigner) because you’re still considered a minor. At 18, as long as you qualify for a loan, you will be able to buy a house! To qualify for a loan, you need a good credit score and debt-to-income ratio (DTI).
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What all do I need to buy a house in Texas?

Requirements To Buy A House In Texas
- Learn more about your finances. …
- Get pre-approved for a mortgage. …
- Find a local Texas real estate agent. …
- Start looking at properties. …
- Make an offer for the house you want. …
- Seek property inspections and appraisals. …
- Define escrow and complete your deal.
What do you need to buy a house in Texas 2021? The borrower must have a credit score of at least 620. The borrower must meet income and loan requirements. The property must be located in Texas and not exceed the purchase price limit. The property must be a single family home or single unit condominium.
What it takes to buy a home in Texas?
Know the Loan Programs Available * Conventional Loans: These loans require a 3% down payment and are often suitable for those with a steady income, some money in savings, and a credit score of 620 or more. * FHA Loans: These loans require a 3.5 percent down payment and are available to people with bad credit.
What credit score is needed to buy a house in Texas?
If you’re looking to buy a home in Texas, expect a healthy market with lots of demand and competitive prices. In general, you need a FICO® credit score of at least 620 to be approved for a conventional loan in the United States.
Is it hard buying a house in Texas?
The average credit score needed to buy a home in Texas ranges from 662 to 730, according to one study, but there may be programs available even if your score is lower. It’s important to remember that the higher your credit score, the more likely you are to qualify for the best mortgage rates.
How much money do you need to make to buy a house in Texas?
How much should I be making before buying a house?
The median home price in the US is $284,600. With a 20% down payment, you can expect to pay around $1,200 per month for your mortgage on a home at that price. That means that to follow the 28% rule, you have to make $4,285 every month.
How much should I save to buy a house in Texas?
The traditional advice for saving to buy a home is to save 20% of the purchase price on a down payment.
What credit score is needed to buy a house in Texas?
If you’re looking to buy a home in Texas, expect a healthy market with lots of demand and competitive prices. In general, you need a FICO® credit score of at least 620 to be approved for a conventional loan in the United States.
What is a good credit score in Texas?
800 and above: excellent. 740 to 799: very good. 670 to 739: good.
What credit score do I need to get a house in Texas?
For conventional loans in Texas, you may need to have a credit score of at least between 620 and 640. Borrowers with higher credit scores may even enjoy lower interest rates and smaller down payment requirements.
What’s the best state to live in?

According to the report, the best state to live in the US is Massachusetts. It wasn’t the only northern state to appear near the top of the rankings. New Jersey, New York, Idaho, New Hampshire, Wyoming, Minnesota, and Wisconsin all made the top 10.
What is the best state to live in in 2022? Massachusetts topped the 2022 list, touting a score of 62.65 out of 100. New Jersey came in second, down from last year’s top spot. New York, Idaho, and Virginia make up the remaining five top livable states, in that order.
What state has the best living conditions?
â ² Overall Rating | Country | Quality of life |
---|---|---|
1 | Wyoming | 36 |
2 | Vermont | 22 |
3 | South Dakota | 39 |
4 | New Hampshire | 37 |
What US state has the best quality of life?
Washington. Washington state has the highest quality of life in the 50 states. The country has no income tax, a thriving job market, and great international business opportunities. Residents enjoy one of the longest life expectancies in the country, most likely due to their strong health care system and lifestyle habits.
What is the #1 best state to live in?
According to the report, the best state to live in the US is Massachusetts. It wasn’t the only northern state to appear near the top of the rankings.
How much money do you need to make to buy a house in Texas?

Income Requirements A popular question among first-time homebuyers is, “How much money do you have to make to buy a house?” According to hsh.com, you should be making just under $64,000 a year to buy a property in the Dallas area for an average $269,900.
How much should I save to buy a house in Texas? The traditional advice for saving to buy a home is to save 20% of the purchase price on a down payment.
How much should I earn to buy a house in Texas?
For starters, in Texas, you’d need to earn a median salary of $49,840 to buy a median-priced home, according to a report by Go Banking Rates. That would allow you to pay a monthly mortgage of $1,246 according to the report.
How much house can I afford with 100k salary in Texas?
When trying to determine how much of a mortgage you can afford, a general rule of thumb is to multiply your income by at least 2.5 or 3 to get an idea of the maximum housing price you can afford. If you make around $100,000, the maximum price you can pay is around $300,000.
How much do you have to make a year to afford a $500000 house?
Keep in mind, earning $113,000 per year is the minimum salary needed to pay a $500K mortgage.
How much should I be making before buying a house?
The median home price in the US is $284,600. With a 20% down payment, you can expect to pay around $1,200 per month for your mortgage on a home at that price. That means that to follow the 28% rule, you have to make $4,285 every month.
How much do I need to make to afford a 300K house?
To buy a $300K house, you may need to make between $50,000 and $74,500 a year. This is a rule of thumb, and specific salaries will vary depending on your credit score, debt-to-income ratio, type of home loan, loan term, and mortgage rate.
How much of a mortgage can I afford based on my salary?
To calculate ‘how much home can I buy,’ a good rule of thumb is to use the 28%/36% rule, which states that you should not spend more than 28% of your monthly gross income on home-related expenses and 36% of the total. debt, including your mortgage, credit cards and other loans such as car and student loans.
Can I buy a house with 20k down?
In most cases, you will need a down payment of 20 – 25% to qualify. If you have a credit score higher than 720, you may qualify for an investment property loan with a 15% reduction. FHA Loans: You cannot use FHA loans to purchase investment properties.
Can I put 15k in a house? Freddie Mac’s likely home loan requires only 3 percent down, and under certain circumstances, a traditional conventional mortgage can allow you to put down just 5 percent. (Leavitt says you can do this by getting seller credit and making a $15,000 down payment yourself.)
Can you put 25k down on a house?
For example, say you want to buy a house for $250,000. You have $25,000 in savings for the down payment, which covers 10% of the value of the home. That means your mortgage must cover the remaining 90% of the purchase, or $225,000.
Is 25000 enough for a down payment on a house?
For a $250,000 home, the minimum down payment is $8,750. Your credit score is too low to qualify for a mortgage.
Can you put 20k down on a house?
Typically, mortgage lenders want you to give 20 percent off a home purchase because it lowers their loan risk. It’s also a ‘rule’ that most programs charge mortgage insurance if you put down less than 20 percent (though some loans avoid this). But it’s NOT a rule that you have to lose 20 percent.
What is the smallest amount you can put down on a house?
FHA loans, backed by the Federal Housing Administration, are available at only a 3.5 percent discount if the borrower has a credit score of at least 580. If the borrower has a lower score (500-579), the minimum down payment is 10 percent.
What is the minimum you can put on a house?
The minimum down payment you can make for a conventional loan is 3.5%.
Is 5% down enough for a house?
Is 5â10% Enough for a House? Remember, if you are a first time home buyer, a down payment of 5-10% is fine. Keep in mind, any down payment less than 20% will come with a monthly PMI fee, which will increase your monthly mortgage payment.
Is 20k down on a house good?
Usually, mortgage lenders want you to give 20 percent off a home purchase because it lowers their loan risk. It’s also a ‘rule’ that most programs charge mortgage insurance if you put down less than 20 percent (though some loans avoid this). But it’s NOT a rule that you have to lose 20 percent.
What is normal down on a house?
A survey conducted by the National Association of Realtors found that the average down payment among first-time buyers in California and nationwide is 6%. The average among all buyers (including previous homeowners) is 12%.
What is a good down payment for a house?
Pro. A 20% down payment is widely considered to be the ideal down payment amount for most types of lenders and lenders. If you can put 20% under your house, you will reap some major benefits.