Hope this helps and if you need further assistance please call or visit my web page.
Keller Williams Realty
Coldwell Banker Hearthside Realtors
Think of it as scales on top of scales and they all have to be balanced.... and there is your approved/eligible.
National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
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Our recommendation is to contact several lenders for their recommendations.
My professional advice would be to first hire a buyer agent who will represent you and work in your best interest. Make sure that you hire a buyer agent who is an expert negotiator. Then if you do not know a reputable lender, your buyer agent can provide you with a few names of reputable lenders their clients have used in the past. Give the lender a call and have them qualify you.
There are new mortgage rules in place now so it can be difficult getting approved. Best to leave that to the actual lenders and not Realtors.
I am a bit concerned about you saying that you have "ok" credit. There is a lot to factor in.
Those are the first two steps in the process.
If you do not know a good buyer agent, you can certainly find one here on Trulia by reading the answers to your question and then viewing profiles. Feel free to read my blog. I think you will find it extremely helpful. http://www.reneeporsia.com
I would love to talk with you and your partner about your goals. Feel free to email me or give me a call at 215-669-0589. I can go into much more detail about the entire process and what I will do for you and your partner.
(215) 669-0589 Direct
(215) 358-1100 Office Ask for Renee
You should speak with a local, reputable lender who can give you an idea of what types of programs you qualify for and for how much.
Best of luck!