Doug McCaughey asked 5 years ago Looking to get pre approval and VA mortgage in 2-3 months.
1. Mortgage Credit Scores:
- FIco mortgage score is 730,738 and 750
2. Credit Negatives: If you have any, what negatives are on your credit reports. For each negative, please provide:
- None
- Miscellaneous:
- Most recent account is will be 8 months old at time of applciation
- AAOA is 4 years, oldest account is 8
3. Gross Income. 92K
4. Source of income.
- Salary W2 71K base
- VA disability (1447.71/month) Grossed up is 21K
5. Monthly debt payments.
- I have a decent amount of Debt.
- CC balance of around 7k – min is 150/Month
- Personal loan 515/month at a 20 k balance
- Vehicle 414/month
- Student loans: 360/month 60K balance
6. Employment (for those who are employed).
- Type of employment: Full time
- How long 3
- How long 3 years in industry – first job out of school
7. Assets/Reserves.
- Savings 5k
- Checking 3k
- 401k 20k
- IRA 3k
8. Location:
- State NY
- County(s) Erie
- Buffalo
9. Property Description:
single family house or Condo
10. Property Value.
- I dont know how much I qualify for based on Debt???
11. Occupancy.
- Primary residence
12. Transaction Type. Is it a purchase
Couple Questions – any lender recommendations in Buffalo.NY area
How much house can I qualify for with VA loan….Max DTI??