Posted on: 12th May, 2009 10:53 pm
Can i afford a mortgage of 110k i make around 65k a year i have a fico score of 785 and i have no debt what so ever. I have 20% down payment too.
Hi Johnny1, Those numbers looks really good and in your favor. You should get a very good rate on the loan too 5-6%. If you want you can get a Free Consultation here on the main page from the many lenders here on these forums. I dont see a problem with you getting a mortgage.
You should have absolutely no problem getting approved for a mortgage based on those numbers. You do have open tradelines or credit right now thoa correct? I hope this helps...
i thoroughly agree with the other experts. in fact, you'll likely have loan officers falling all over each other trying to get you as a borrower.
"loan officers falling all over each other "...or stabbing each other in the back.
no way!
Joking of course !
no way! (again)