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How can I buy a bigger house with income that doesn't meet the standard?

Gross income is around $90k. We are looking at a 4 bed 2 bath home with a yard that is around $300k. Can I make this happen with a larger down payment? by jukeboxrick249 from Charlton, Massachusetts. May 26th 2017 Reply


Jeffrey Fortune (jfortune)
#24 ranked lender in Massachusetts - 1 contribution

the answer all depends upon credit score and debt ratio but the answer is most likely yes; if you need more details please contact me directly. thanks

May 26th 2017
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Yes, if your credit score is at least 640 and debt to income ratio within fha or conforming guidelines. please call me 508-872-3730 and I will go over all details ask for Gene

May 26th 2017
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Lynda Mckenzie (Lyndamck)
#9 ranked lender in Rhode Island - 33 contributions

Hi Jukeboxrick.Happy to answer that question with a free mortgage prequal. Feel free to contact me if interested.Thanks.Lynda

May 26th 2017
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Steven Karp (stevek81)
#29 ranked lender in Massachusetts - 121 contributions

Hey Jukebox, like everybody here states, we need to know the credit scores and the debts. But based on income, looks okay to me...you can do a conventional loan with as little as 3% down Conventional and you can also go FHA with 3.5% down...so depending on credit scores and debt, if I or any of us here can help, by all means reach out to us...Thanks

May 26th 2017
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