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Billy L. Sharp
"Real Estate Consultant"
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- 1 Blog post
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We are selling homes in the greater Tulsa area.
Billy L. Sharp answered:
It is based on your income, how much can you afford to borrow, and how much do you have for a down payment? A payment of more than 25% of your income would prove to be a burden on your income leaving you with little to live on. Then there are taxes and insurance payments, if you have excellent payment history often times you are entitled to borrow more money, with a credit score of 750 and a poor payment history is at a higher risk to a lender. So the question of how much you can borrow is based on several factors. Some lenders are more stricter than others. Does this help you in any way?
Bill Sharp
Greencountrypropertysolutions@gmail.com
Bill Sharp
Greencountrypropertysolutions@gmail.com
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