BEST ANSWER
FIRST ANSWER
Your ability to qualify for a mortgage depends on several factors including credit rating, employment history, current verifyable income, down payment amount, etc. If you are curious about your abilty to qualify for a morgage and at what amount you will qualify, your best bet is to contact a local mortgage broker. They will ask you several qualifying questions in order to get a grasp on your financial situation. If they can pre-approve you, they will also give you some estimates as to your buying power, what your closing costs will be, and what your monthly payments will be. Best of luck!
Sat Jun 20 2009, 22:41