You may be more prepared than you think to take on mortgage.
Typically, lenders follow the “28/36” rule for loan requirements. Meaning, 28% of your overall monthly pre-tax income can be allocated to housing, and no more than 36% of your total monthly pre-tax income can be allocated to your overall debt. We are prepared to assist in figuring out your lending and mortgage qualifications based on need and income. No pressure, no excessive lending. Just what you need, when you need it, at a rate you can afford.