This will be true even with a large down payment.
Talk with a mortgage consultant. Get a clear idea of what you can be approved for. Also, ask how improving your credit score will affect your interest rate and terms.
Maybe you can use some of your 80K to pay down some debt, which may improve your scores.
Best of Luck to You!!!
Kawain Payne, Realtor
My office is located in the area you're interested in and our lending staff is available to answer any questions and concerns you may have.
Susie Haynes, Realtor
Keller Williams Realty
1401 W. Rancho Vista Bl.
Palmdale, CA 93551