Buying a home with long time boyfriendHi all-My boyfriend and I have been together for quite some time now (3 years) and will most likely be getting married soon. Currently, we are leasing a 980 sqft condo in downtown Memphis and just hate that we are throwing away money when we could be investing in a very nice home for that amount. We are both working professionals, my income is about $32k and his is about $47k and we both have credit scores of 700+. We have a down payment ready now, about $8000 saved up and it will likely be more by the time our lease is up here. Just wondering your opinion on if we could qualify for a joint loan and what a good price range for us would be. Neither of us have any major debts, the only bills each of us have are credit cards which are always paid off at the end of the month and he has a $450 car payment. We are currently looking in the $140,000-$150,000 price range. Do you think this is reasonable and would this be possible for us to do? I understand that we have many legal things to think about as far as ownership and property rights, which we will be getting a contract written up for all of that. This is more of a pricing/loan question. Also, he is eligible for a PenFed loan. Is this a good route? What would you suggest?Thanks so much!Hailee March 20 2014 - Memphis00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.