SSI is guaranteed for the rest of your life by the federal government. Very few people with jobs have any guarantee since most can be fired and lose their income at any time.
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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
(516) 606-9648 Cell
(631) 659-2011 Office
(516) 918-5383 Fax
The first step in knowing if you can afford to purchase would be to talk with a Mortgage professional. For that, you could go to the Bank you do your business with and ask about getting pre-qualified for a loan. They will look at your assets, income, credit, etc and give you an idea of your purchasing power. Good luck.
You are certainly able to obtain financing while on SSI. As many of my peers have explained below, I would need to speak with you and review your income, assets and current debts to best determine how much you are able to be pre-approved for. Please feel free to contact me any time.
Julie A. Horvath
555 Metro Place North, Suite 320
Dublin, OH 43017
NMLS ID: 563029