Feel free to call for further clarification or guidelines for FNMA-FHLMC programs.
The best advice anyone can give, is for you to call your bank and make an appointment to speak with their home loan department. You might be offered better interest rates and lower fees if you are a loyal customer. Always remember to get different quotes from 2-3 lenders, it might save you hundreds of dollars, if they know they have competition for your loan. A 30 yr fixed loan is the best ...no exotic type loans just to get you into a home. Wells Fargo and CENTURY 21 Award have merged to offer Greenpath Funding. They have over 1,700 different loan types to best suit YOUR needs. My office isn't that far from you, please feel free to call or email me for more information.
Best of luck!
As Christina has stated there are several factors that are used to determine what you can qualify for. Even if you made 100k a year a cleared 70k if you don't have good trade lines thats not too good.
I'd be more than happy to have our company run a full credit report and review it with you.
Reading your location has me craving "El Cilantro" off saturn Blv!
1/3 of $300k would be $100k.
I have no idea how it works with self employed. I just keep seeing that it is more complicated than if you were employed in a normal job with someone else as a boss.