Can I buy a home with 40% down. I make $24,500 until I get a good job (just graduated)I want to buy a $110,000 home. I have a $44,000 down payment for a loan and I will still have $12,000 in my savings account. I think I will have to take $5,000 out of my $12,000 savings account for closing costs. So in the end I will have $7,000 left in my savings account and still $44,000 down on a loan.My credit score is a 760. I have worked this small clinic for 5 years while in school and I only make $24,500 a year. I just graduated as a RN this year but it is hard right now to find a RN job as a new grad. I have no debt at all on anything.Would I be approved for a loan if I only make $24,500 a year? I would always stay with my old job until I find a better paying job. I don't know how long it is going to take me to find a RN job that typically pays $20.00 a hour. I live in Texas.October 08 2013 - Houston0YesReport 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.