Skip to main content
Employee
October 5, 2018
Question

Home ownership

  • October 5, 2018
  • 2 replies
  • 0 views
How much does a single person need to make to quality for a home?

    2 replies

    Carl11_2
    Employee
    October 5, 2018

    You're asking the question the wrong way. What you need to know is,

    How much home can I buy, based on what I make now?

    You'll have to confer with lenders in your local area for what their requirements are.

    Employee
    October 6, 2018

    How much home you can buy is base on your debt to income ratio, your income and how much debt you currently have. You can meet with a lending officer at your bank/credit union and they can help you figure that out. But they will need to run your credit to give you a more accurate amount, which will affect your credit a little. Hope this helps.