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More info is needed to answer your question.. Typically, lenders are going to look at your income AND your debt to determine your qualifying Debt to Income Ratio (DTI).. so once we know how much you make and how much your current debt payments are, then we can calculate how much of a home you can purchase.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

The answer is that it depends on what program you are using. For example, a standard FHA loan is often used by first time home buyers, but it is not a first time home buyer loan. Under that program, there is no maximum income. Under the USDA rural development loan (zero down), there are income limits depending on what county the house is located. Therefore the only way to tell is for a lender to get your full application, get all the information needed, and let you know what you can get based on your individual wants, needs, and goals. I lend in SD, MN, and WI. Visit me at www.MortgagesUnlimited.biz