How much mortgage can you get? If you want to get formal about it, you can get in touch with a Loan Officer and get preapproved for a mortgage, but that might be a step too far for some to consider. Another way is to look into a mortgage access index online. By considering several different variables like credit score, debt to income ratio, and loans you might have, you can quickly get a solid picture based on Fannie Mae Loan Acquisition data. Find out how much mortgage you can afford today, read more here.
Theresa Springer’s Blog
Know How Much House You Can Afford Anytime
March 18, 2015