Can I qualify for a loan? What do I need to do?

thanks - begin the free pre approval process to find out your options ...this will help you figure out what you can do on your own and if you need a co borrower - good luck Dave SKow Movement Mortgage 206 714 9745 dave.skow@movement.com

No one can answer these questions without reviewing a full application. So don't be afraid to reach out to a local mortgage broker. But, a basic rule of thumb is that most people can afford a loan amount of about 4 x their yearly income. So for you, full time 40-hours a week at $20 per hour is $41,600 a year. Times that by 4, and you should be in the $166,000 loan amount area. Again, this is loan amount, not purchase price. If that doesn't put you where you want to be, the mortgage world does allow for a non-occupying applicant (co-signor). I lend for homes in MN, FL, WI, IA, ND, and SD. Find me at SaintPaulMortgageBroker.com | Cambria Mortgage, NMLS 274132