45% would be the max with housing payment taxes and insurance included. Is that included in your estimated ratios. Give me a call, so I can go through the scenario with you. Thanks Jonathan Cherry 615-594-8156

Probably, but you are right at the top end of the Debt Ratio, so there needs to be other mitigating or offsetting factors. 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, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

JeremyShoot me your email contact info and I will get detailed info to you.Confidential - no spamming!

Jeremy, that's going to be a tough one if I understand you correctly, you're already at the top range for debt to income ratio. The down payment is helpful though and they're may be some items we can work on to help get you in a better position. Paying down credit cards and the car payment may be a great way to do so. I hope you find this information helpful. Please contact me with any questions or concerns. Adam Webb, Mortgage Consultant, NMLS # 196458, First Charleston Mortgage 1 (800) 968-3987 or adam.webb@firstcharleston.com

Jeremy,I have a lender that will allow a back end ratio of 55% on an FHA loan.I am located in Murfreesboro, TN just outside of Nashville. If you would like to discuss you options, send me an email @nancyreleford@homeequitymtg.com.Nancy J RelefordHome Equity Mortgage, LLC2670 Memorial Bkvd. Ste CMurfreesboro, TN 37129615-867-3060615-867-6926 Faxwww.homeequitymtg.com

yes you can WilliamAcres.com