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

There are many other factors, in addition to credit score, that contribute to your credit-worthiness, especially in today's climate. And, as Ed mentioned, getting pre-qualified is critical to putting yourself in a position of strength to be able to negotiate the best deal. I'm providing a link here that will put you in touch with several reputable lenders I use on a regular basis. Good luck!

You should check with your lender of choice and they would be able to advise you. In todays market, it is good to have your pre-qualification letter in place so when you are shopping you will know how much house you can afford, and qualify for. Blindly shopping without this information could wind up costing you valuable time. With a pre-qualified letter from your lender, you will be able to make a firm offer when you find your home and not chance loosing it to someone else beating you to it! You can use many online Mortgage calculators on line to help you with some of these general questions. Check the one on my website if you like. I am here to help, so let me know what else I can help you with.