Wondering if I can get approved for a 290k Duplex,I make 45k a year, pretty good credit, 15k to put down

yes, I can get you approved. visit www.mwfhb-dealba.com to start the process.

More info needed, but in general.. If you plan on living in the property, then yes.. you can do a 5% down, owner occupied purchase.. if you are looking at buying this strictly as an investment, then you will need 20% down or more.. But you also need to meet the Debt to Income ratio guidelines as well... so without knowing your complete loan profile, including your monthly debt picture, it's impossible to advise you.. Feel free to give me a call, i'd be happy to look at your complete loan scenario and advise you..I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

There is not enough information here to answer your questions, so I suggest contacting a local mortgage broker in the area the property is located. But quick answers are you can usually afford a home about 4 times your income. Good credit is always a plus. You can use income from the other side to help qualify (within certain restrictions). Your down payment is NOT big enough for a conventional duplex purchase loan, but IS big enough for an FHA duplex loan. Good Luck

I think you want to purchase it as your primary property, correct? With only $15,000 to put down that is the only way you could buy it. We would definitely take a look at rent being received by the other duplex in addition to "grossing up any retirement we can to help raise your debt to income ratio requirement. As someone looking forward to retirement in the very near future I would love to assist you in any way I can...just reach me via my profile! Being retired you have to appreciate Chico no longer being considered the no.1 party school of the nation!

Yes, an approval is possible but it does depend on other factors, such as your other debt, whether you plan to occupy the property or not, etc. Please feel free to give me a call at 408-615-8500 to discuss your options. www.besthomeloanadvice.com