Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Financing in 60012 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions1

Activity 2
Wed Aug 22, 2012
Steve Quintana answered:
The denying mortgage company may send you a letter explaining the basis for the denial.
0 votes 4 answers Share Flag
Wed Aug 22, 2012
Ryan McMahon answered:
As Suzanne stated it all depends on your need to be able to swing both payments. I am a local mortgage banker and help you figure out if you qualify...I don't need to pull credit...all I need to do is figure out your total monthly income and your total monthly obligations...with your new payment and all of your obligations new to be 50% of your income. This is just a rough rule...feel free to contact me if you would like more details...take care

... more
0 votes 2 answers Share Flag
Search Advice