Home Buying in Homestead>Question Details

chevyboys3869, Home Buyer in Homestead, FL

what is the largest mortgage loan i can recive with 691 credit score and $60,000 yearly income with $300 a month debit?

Asked by chevyboys3869, Homestead, FL Thu Jun 20, 2013

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Answers

3
You also have to factor in any down payment assistance programs.

This is basically free money you can qualify for depending on the county and city you are purchasing in.

For more information contact me at soto@globaltrustrealty.com

Lawrence Soto, Broker-Realtor
Global Trust Realty, LLC
786.402.1076
0 votes Thank Flag Link Tue Jun 25, 2013
There are a several factors considered when qualifying for a loan. In addition to your credit, your debit and income, as you mentioned, there is also credit card activity, employment status/history and capital (closing costs and down payment funds available).

The best way to know exactly what you can spend, is to call a lender and apply. There is no obligation and it shouldn't cost you anything. If you need help locating a lender, I will be happy to help. Good luck!

Amy Mitchell, Realtor
Prudential
AmyMitchell.Realtor@gmail.com
786-351-6388
0 votes Thank Flag Link Thu Jun 20, 2013
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without seeing an application, credit and other factors I'd say in the 350k range best case

http://www.pro-option.com
0 votes Thank Flag Link Thu Jun 20, 2013
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