How Much Can You Borrow?

How much you can borrow will depend on your income, down payment, job stability, existing debts, credit references and payment history. Lenders usually use the following two qualifying guidelines to decide how much of a loan you can manage:

• Your monthly housing expenses - mortgage payment, property taxes, insurance, etc. These expenses should be no more than 28 percent of your monthly gross income.
  
• Your monthly living expenses and any long-term debts - utilities, car and school loan, child support, health and car insurance, etc. These expenses should be no more than 36 percent of your monthly gross income.

DARE TO DREAM

Would you like to become a homeowner but you're afraid you won't qualify?

Credit Issues? No Money for a Down Payment? Stuck in a Lease? 

Becoming a homeowner could be more of a reality than you might think. You could be driving up the driveway of your brand new home in as little as 30 days with $0 Down. Many $0 Down Programs are avaialbel including USDA and more.

Let us put our experience to work for you to unfold the possiblities that await you. Give me a call today, and I will immediately get to work for you.

We will Turn Your Dreams Into Reality