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Can we get a mortgage with $60k in student loan debt & $60k per year income? |
Can we get a mortgage with $60k in student loan debt & $60k per year income? It depends on your debt-to-income ratio, or what your total liabilities is compared to your income monthly, as well as your credit. There are loans such as stated income (where you state your income) or no ratio (where we do not take into account the debt-to-income ratio) in order to approve your loan. It also depends on if your student loans are deferred, how long they are differed for, etc. If you would like any help at all or to see exactly what you qualify for, please feel free to contact me: JessicaStephens@banncor.com. Source(s): Senior Loan Consultant - 10 Years Experience heck yeah....thats easy Sure, but the interest is going to be very high Yes you may. Just apply today. no buy a cardboard box It depends...do you have any sort of down payment? Go to the below link. They have all sorts of informative articles that can help you out. It has a step-by-step process to follow, along with FAQ that can help you out. Or you can contact their 800 # for person-to-person information. |
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