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Ketchikan : Real Estate Advice

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  • Local Info0
  • Home Buying4
  • Home Selling2
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Activity 7
Mon Jun 15, 2015
Tony Grech answered:
Hi Shanda,
Not being married only means you no longer have 2 incomes with which to qualify for a loan. So you'd need to qualify strictly off of the income you have coming in. In general, the new mortgage payment (principal, interest, taxes, insurance) PLUS your current debts listed on the credit report should equal no more than about 45% of your gross income. So without knowing what the credit looks like or what the current debts are it's tough to say.

If you already have a house then you'll need to qualify with that payment as well unless you are planning on selling the house.

Only way to find out if you can qualify is to contact a lender and ask about getting pre-approved, which will include providing some income and asset information and submitting to a credit check.

Hope this helps!
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Sat Feb 7, 2015
Sawyersamuel asked:
I don't own any land or anything and I'm wondering if I Can I use my VA loan to purchase land and a new manufactured home At the same time ? And with zero down?
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Wed Apr 23, 2014
Ute Jefferis answered:
there is no jobs for anyone out there except in the fishing industry. Point baker and Port Protection are fishing villages.
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Mon Feb 25, 2013
answered:
There are various different sizes of duplexes in Ketchikan. I could easily find out a price tag per square foot of duplexes that compare to yours. Dennis I actually just listed your Duplex, $295,000 is the magic number! ... more
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Fri Nov 6, 2009
Bl asked:
We are considering placing our home in Ketchikan for sale
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