<prompt> Human: Hey guys, I dont know if this is the right place to post this but I would really appreciate some helpadvicetips if possible.Some back story: I am unemployed currently actively looking and my SO makes 1,200 a month. My mother credit score 730 is helping us try to get a first place, and we recently found one that needs work, but is only 13k. We have about 500 saved up to get a place, but we are trying to find a personal loan to buy this house. My mother tried to get a loan through discover since she used them to build her credit but her account is less than 6 months old and they wont give her one. We honestly dont know where else to look and would really appreciate some help.We have been debating trying her bank, shes been using the same bank for at least 5 years, but they recently changed namescompanies and were not sure if theyd give her a loan either. We are also nervous about trying to get a loan because we know that if we get rejected from one place other places might not give us a chance.So, where should we look for a loan? We need about 15-20k. I have done some googling but I was hoping to get real answers from people that have gotten personal loans.To clarify: My mother would get the loan in her name and then we would use it to buy the house. Thank you in advance and Im sorry if this is in the wrong spot.Assistant: With no savings to speak of and little income, owning a home is probably the last thing you need. Wait until you get a job and have some money of your own socked away. Use the time to build your credit yours, your SOs, and your mothers. Better credit means better terms on any loan.Human: I understand that our situation is far from ideal, my So and I are really trying to get out of a bad living situation that only gets worse. I am looking for a job and will hopefully find one soon. Thank you though, I understand how that would be better. Assistant: Owning a home is not going to solve the bad living situation. Find a new rental and be glad you arent on the hook when your AC goes out or you need a new roof. You arent in any financial position to own a home, sorry.Human: Our shitty living situation is because of where we live and who we live with. Owning a home would literally solve it. Rentals in our area are at least 700, more than that if you have pets which we do. It would be cheaper and make more sense to be putting that much monthly towards a place we would own.  <response>: What would happen if your furnace or air conditioner went out? 3-5kWhat if you needed a new roof? 7-10kWhat if you are living in a house with a mold issue that you cant live in 5k Major plumbing issues? 3-7kYou have to have the money readily available when you start living in your home from Day 1. If these things go out you need them fixed or else your home isnt going to be in a livable condition and it just might become structurally unsound if you dont correct the issue.A home is not for you at this pointAs others have said ... save save saveYour living situation might be bad now but if you have a home you cannot pay for you are then taking down your mom with you. 