Profile picture for user298308

low income.

i have a low income, and i need a low monthly payment, i have money for a down payment and i have a good credit score. i already got turned down once is there any hope for me to own a home?
  • May 06 2012 - Philadelphia
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Answers (4)

Profile picture for wetdawgs
If your income is low, you will need to find a property that you can afford.   Did you get feed back on why you were turned down previously?    Do you have debts?


If you click on "mortgage" in the top line find calculators to help you figure out roughly how much you can afford.

  • May 06 2012
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Profile picture for user298308
Yes I calculated it but that lender said no. I have no debts
  • May 06 2012
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If you go on the HUD.GOV website, you will find a lot about first time home buyer programs. There is also help on how to qualify for these programs. Check it out. Good luck.
  • May 06 2012
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Profile picture for Ofe Polack
Dobn't settle with what one lender has to say, go to another lender and seek their advice.  What will you need to do, to be able to obtain a loan and for how much.
  • May 07 2012
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