I mean, I am not married so only have one single income. I also owe some debts like studnet loan, auto loan, and credit card debts. I live in Southern California where the house prices are pretty high. What do I do to better my chance for qualifying a mortgage. I do have good credit score.
Thanks!
**No advertiser or mortage officer post for business please, but just your knowledge of how to be qualify. Thanks!
2007-10-08 06:06:26 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
if ya got a job and yer income to debt ratio is good go for it
2007-10-08 06:12:11 · answer #1 · answered by goat 5 · 1⤊ 0⤋
It's definitely possible for a single person to qualify for a mortgage. You'd have to have enough income, a good credit rating, and not too much other debt in order to qualify though, same as anyone else.
Good luck.
2007-10-08 13:14:28 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
YES... if your income qualifies you for it. My daughter is divorced and lives alone now that the kids are grown and she just bought a new house about a year ago.
2007-10-08 13:14:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Of course! Contact some mortgage companies to see how much house you can afford.
2007-10-08 13:21:01 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Sure. Contact local lenders (no internet lenders please) and have them review your finances. They can give you solid numbers on what you need to do to improve your purchasing power and what you can afford.
2007-10-08 14:35:38 · answer #5 · answered by godged 7 · 0⤊ 0⤋