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How much do I qualify for on a home loan?

How much can i be qualified for with 76,000 incom?
Asked By Ricardo S. | West Orange, NJ | 490 views | Finance Legal Info | 2 years ago
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73 Answers
Marty & Abby Champagne

RE/MAX Market Place


Do you know a loan officer? They should be able to help you with this question. Because of debt to income.
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60 Answers
Steven Hunt

Real Broker NY LLC


Ricardo, There are many factors when it comes to being qualified on a loan. Speaking with a loan originator will help you understand what your buying power is. The calculate your DTI and check your credit score, work history and much more. If you need assistance I can send some contacts that can hep you. 518-526-4964
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42 Answers
Brian DiMaggio

Atlanta Communities


You will definitely want to speak with a lender. Typically they are looking for no more than a 50% monthly debt to income ratio, often called DTI.
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Rising Star
11 Answers
Jamie Moreng

Move with Moreng @ eXp Realty LLC


As many mentioned, several factors play a role in determining how much you can be qualified for. Income, as well as, debt to income & credit score will be very important. Keep in mind, while how much you can qualify for is great, we have many clients who don’t necessarily want to take a loan and extend themselves to the max. It’s important for you to look at your monthly costs & determine what may be a comfortable payment for you. Justin Bonura NJ Lenders is an amazing lender. If you have any questions. [email protected]
Peter MacIntyre

Re/Max Real Estate Professionals East Lansing


Ricardo, if you would ever like to discuss anything Real Estate related, feel free to the MacIntyre and Cowen team a call at (517)999-2675. We would be more than happy to help.
Andrea Alummootil

Keller Williams Park Views


Ricardo, Loan qualifications not only depend on your income, but also on your credit score and monthly expense ratio.
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1 Answer
Sophia Pegram

Keller Williams Realty

Hey Ricardo ! Would love to get that information for you... Call or email me so I can help you get the answer you are looking for. Sophia, REALTOR Keyvest LLC 609.531.4665 [email protected]
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1 Answer
Alvaro Amador



Hello Ricardo, this is Al Amador from Gilroy Ca. There are many factor that determine how much you can qualify for with a $76k yearly income. The loan officer has to check your credit and depending on your credit score, the first factor is determined. Second, the loan officer wants to see all your debt such as cars/trucks, credit amongst other debt. Third, he or she wants to see your current weekly or by weekly income to know if you received a raise since your last tax statements. These are just a few factors to consider when wanting to know your max loan limit. Feel free to reach out and I can connect you with one of my trusted single family home lenders. 1(831)902-5887 [email protected]
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1 Answer
Maia Arneson

Exp Realty

Ricardo, the biggest factors are going to be your debt-to-income ratio and your credit score. I recommend talking with a reputable lender to review your personal circumstances to determine what you qualify for. The team at Supreme Lending can certainly help... Here is the info for one of their best loan officers... Brian Souders, Senior Loan Officer NMLS #107856 7300 Carmel Executive Park Suite 105 Charlotte, NC 28226 Direct: 704-965-6870 [email protected]

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