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How much loan/annual income ratio were you approved?

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Muschock
New Contributor

Re: How much loan/annual income ratio were you approved?

I make 70k/yr and just closed on a 183k home. I didnt ask how high I could go though since I had already found the home I wanted.
Message 11 of 12
Mrs_hambright
Frequent Contributor

Re: How much loan/annual income ratio were you approved?

I make 60k a year & I'm buying a house for 110k I could have went higher but I found a perfect house for way below my price range by accident, in fact the house is a steal!!

Your maximum amount will always depend on your income versus how many other obligations you may have.
Message 12 of 12
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