Mr. Kanty Ro…, Home Buyer in Tampa, FL

what will be the family income to get this property?

Asked by Mr. Kanty Roberts, Tampa, FL Sat Sep 28, 2013

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Mr. Kanty Roberts, yes check with a mortgage person for specific info.

In the meantime, FHA (3.5%) allows 29% of your gross income towards housing and a max debt to income ratio of 41%. The latter is computed by adding minimum monthly loan payments + housing + outgoing alimony / child support.

Lending has many guidelines for allowable income. Best to check with mortgage lender for current and factual info respectful of your particular circumstances.

Lynn Brock
Brock Realty Inc.

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0 votes Thank Flag Link Mon Sep 30, 2013
Hi Mr Kanty, this is a question you would want to ask your bank or your finance company, as your qualification is usually based on debt to ratio income.

0 votes Thank Flag Link Sat Sep 28, 2013
This is all based on your debt to income ratio's so it really will vary. Do you have a lender or need a recommendation for some good ones? Also, if you would like to view the home feel free to contact me at 813-579-2816 or
0 votes Thank Flag Link Sat Sep 28, 2013
depending on your income and other debt you might have out there. you lebder can tell you were you need to be as far as the income needed so you can qualify for the mortgage.
0 votes Thank Flag Link Sat Sep 28, 2013
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