Asked by Justlooking, Tulsa, OK • Thu Dec 30, 2010
My boyfriend and I are looking at buying our first house. We have not attempted to get preapproved for a loan. I'm hoping someone can assess our situation.
*Combined Gross Income: $52,0000 (Aproximately $4,400 Monthly)
*Monthly expenses: Approx $1,400.
*We work for the same company. I've been here 3 years. He has been here 4 years, however he briefly left this job to work for a different company for 7 or 8 months until he was laid off, at which time he came back to this employer.
*He has a credit score in the mid 700s and no negative info on his credit report.
*My credit score is in the low 700s. I had a car repo-ed 4 years ago, which is still on my report.
*He has over $1,000.00 in his savings and several $100s in his checking.
*My checking is usually in the lower $100s at any given time. I have a few thousand in savings and a $5,000 CD
*We have a shared savings with $1,000
What are our odds of qualifying for a mortgage loan given the above information?
Real Estate in Tulsa
Popular Categories in Tulsa
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!