Posted in First Time Home Buyer
FIRST TIME HOME BUYER - How to Qualify for More Mortgage
Posted by Sean Stewart
on 22 February 2021
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First Time Home Buyers typically want to maximize their buying power and are looking to purchase the best home that they can afford. At the core of mortgage qualification is a mathematical formula. Essentially your total debt payments divided by your gross income.
If you find yourself not qualifying for the mortgage you want then you might be carrying too much other debt (ie: car loans, credit cards, student loans, etc.) which is limiting your mortgage amount. Keep in mind th...
Posted in: First Time Home Buyer |