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Employment History |
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Liquid Assets |
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Credit Score(s) |
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Loan-to-Value |
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Loan Amount |
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Income Documentation |
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Debt-to-Income Ratio(s) |
| Qualifying |
Complete this Two Step process to learn how much House you can buy.
STEP 1
We know you've heard it before, but it's true. The First step in buying a home is to get pre-qualified and even better pre-approved for financing... IT'S THE SMARTEST move you can make in the process of buying a home.IMAGINE: You have found a home you have fell in love with. You think to yourself "No problem....I make enough money to make the payment on this home....piece of cake." You place deposits, shop some more, only to find out later that you don't qualify. (See Experience). BECAUSE we want you to be successful in your endeavors, Please use the following information to help you in your quest for ownership.
Your Borrowing Power is Based 7 variables.
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Employment History |
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Liquid Assets |
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Credit Score(s) |
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Loan-to-Value |
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Loan Amount |
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Income Documentation |
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Debt-to-Income Ratio(s) |
To get a "general" idea of what you can borrower, try our simple pre-qualification Model.
Mortgage Qualification Calculator
Borrower(s) Information |
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| Combined IncomeYearlyMonthly | $ | |
| Monthly Debt | $ | |
| Interest Rate | % | |
| Loan Term in Years | ||
| Down Payment | $ | |
| Source of down paymentSavings401KStockGift | ||
| Type of HomeSingle Family HomeTownhomeCondo | ||
Your Percentage Down is: % |
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| Yearly income | Monthly income | ||
| Monthly debt | Maximum PITI | ||
| Max Loan Amount | Max Purchase Price | ||
NOTE: These figures are rough estimates. They can be used as a base estimate but the actual amount that you qualify for may be more or less than the results you arrived at. Please consult your Mortgage Professional for precise figures.
STEP 2
Once you have completed the income portion, click here. If you are ready to move forward or need help, contact us by clicking here.