It really depends on many factors including but not limited to price of home, your income, debt load etc. My colleagues are right about getting preapproved to truly determine what you qualify for.I am a licensed loan officer with extensive experience with first time buyers. We are direct lenders in business for over 20 years with an excellent record with the BBB. If you are not yet working with a licensed loan officer or would like a 2nd opinion, I can provide you with a complimenteray preapproval. Reach me directly at 917.699.0183.
Senior Loan Officer
Cliffco Mortgage Bankers
Gary D DiFilippo
Great Plains National Bank
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783