Home Buying in 08816>Question Details

contactme.vi…, Home Buyer in Delhi, CA

I am 25 years old and my monthly salary is 18000. I want a buy a house cost RS. 25,00,000. what maximum loan can i get for this?

Asked by contactme.vinita, Delhi, CA Wed Aug 22, 2012

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3
Larry Tollen’s answer
You'll need to sit down with a mortgage lender to determine this. Besides your income, they will be considering your assets (how much available cash you have on hand as well as things like stocks, bonds 401K's etc) how much debt you may have (student loans, car and credit cards etc) and your credit score.

Simply knowing how much you earn monthly isn't enough information for anyone to really answer your question.

I wish you continued success and all the best.
0 votes Thank Flag Link Thu Aug 23, 2012
Hi Vinita

Where would you like to live? I can put you in touch with someone that can help you with the loan.
0 votes Thank Flag Link Thu Aug 23, 2012
It's not possible to determine the maximum loan amount based on the information provided. You should speak with a local loan officer.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Thu Aug 23, 2012
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