announcer: in new york anew law signed by thegovernor would avoidpredatory loans. philip usexplain what it consists of and howwould facilitate the process forget a home of your own.filipo: buying a house is partof the American dream, above allfor immigrants like the ladyjessica.>> has welcomed me for two years toupload the credit ío. amwaiting for me to touch 800 tobuy a house.filipo: if you wantand has a credit of 780points, so you would pay $ 1,164per month with an interest rate4%.What if you have a loanof $ 680?paid at a rate of 4.5%, that issay $ 1216 a month.it is a difference of$ 60 per month.but at the end of 30 yearshe paid $ 25,000 at, something thatallowed him to buy aluxury car.the governor of the state ofnew york signed a law toallow those who wantbuy a house regardlessyour credit score haveaccess to the ceded.Before I had two options; nobuy a house or take the riskof not being able to pay it.What to change for familiesthat they did not have a credit?>> that when we are going to applythey do not deny it for “x” reason.now they have the responsibilityto offer real products, nottake for a ride.filipo: remember that if you want
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