Larry Gray (lgray_312_247)
#1 ranked lender in California - 945 contributions
If you are still looking for someone to compare in shopping for the best choice please do contact me. In addition to providing among the lowest rates and cost, we fund a lot of down payment/closing costs for those who need to hold on to what limited savings they have! Qualifying is based on staying within the maximum allowable income guidelines determined from region to region in California and based on family size. Interestingly enough, you could qualify with one spouse and ignore the income of the other spouse if necessary. Otherwise, we generally count both spouse's income. I think people are always surprised at how high of incomes we qualify. It is not just low income but medium income for an area as well. In high priced counties one single person might qualify with income near $100,000 annually.