| View previous topic :: View next topic |
| Author |
Message |
firsttimeoc
Joined: 29 Oct 2009
Posts: 1
|
| Posted: Thu Oct 29, 2009 12:13 am Post subject: first time mortgage qualification |
|
|
Seems like theres a ton of information out here.
Wanted to get some input to see what I might qualify for. Single making low 80k's with good credit (high 700's), no credit card debt, car is paid off, student loan payments around 200/month. No other outstanding debt.
Been looking at places in the mid-high 300k's up to an even 400k. I can put down 20% even a bit more if necessary.
Do my numbers stack up, or should I be looking for some cheaper places?
TIA |
|
| Back to top |
|
robertwhorner
Joined: 28 Oct 2009
Posts: 3
Location: North Carolina
|
| Posted: Thu Oct 29, 2009 2:51 pm Post subject: |
|
|
| Based on what you provided you would qualify for a $300,000 to $400,000 dollar house. |
|
| Back to top |
|
EricJ
Joined: 09 Jan 2009
Posts: 321
Location: New Jersey
|
| Posted: Thu Oct 29, 2009 10:50 pm Post subject: |
|
|
Tia
One of the other factors which will be taken into consideration are the property taxes. The higher the taxes, the less you can qualify for. |
|
| Back to top |
|
| |
