I make 54k per year and I have a 679 credit score and I'm about to apply for a home loan. The house is 240k can I do it?

Yes. Contact a LOCAL lender and they will help you the best.

Greetings,Give me a call to discuss details. Of course no cost and no obligation.Thanks

Greetings,Give me a call to discuss details and of course no cost and no obligation.917-415-1209Thanks

Probably but it will depend on what other monthly debt you have, how much you have for a downpayment, whether there will be a HOA or regime fee for the property you are buying, how much the taxes and insurance will be, etc. Before you shop for a mortgage you should select a mortgage lender you want to work with and be pre-approved based on those factors and the maximum YOU are comfortable with paying each month for the mortgage, taxes, insurance, etc. My guess is that your payment will be at least $1500/mo and probably more like $1600 or higher, plus any regime or HOA payment.

Yes. The details others mentioned are something to consider. I would be glad to help you secure this with good rates and minimal fees as well as close on time. Also there are several government programs helping buyers get better terms. Let's review in more detail to determine your eligibility.Give me a call and we review details about working with an A+ company. Mark 302-449-7373