The short answer is Yes. With your scores, income and debts that you indicated, you should probably qualify. My best advice is to contact a local Mortgage Banker/Broker, rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, He/She will be able to pre-qualify you for a loan so you can shop with confidence that your loan will close escrow. Make sure you check out the qualification of your selected Originator with the National Mortgage Licensing System at www. NMLSConsumerAccess.org. ~ Bert Carpenter ~ NMLS # 40586Dec 22nd 2011
Yes you should be able to qualify based on the information your provided. I am a local mortgage broker in Murfreesboro, TN & would be happy to assist you.I have been in the industry for over 24 yrs & own my company. I am tested, trained, licensed as Bert mentioned in his previous thread.I can be reached at 615-867-3060, Home Equity Mortgage, LLC, 2670 Memorial Blvd. Ste C, Murfreesboro, TN. 37129Nancy J RelefordDec 22nd 2011
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