Profile picture for emac4888

can i get a mortgage loan if I only make 12000 a year and have decent credit?

  • November 03 2011 - Valdosta
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Answers (2)

It would depend on your debt to income ratio.
Talk with a lender. The max you could probably pay would be about $400 a month. This may equate to a 40 to $60000 house. Just dry numbers.

Contact an FHA approved lender in your area.

  • November 03 2011
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Profile picture for sunnyview
You might try running your basic numbers through a qualifying calculator like this one here to give you an idea what you might qualify for. 
  • November 04 2011
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