How much could I afford for a house with this income?

Posted on Jan 29, 2013 in Stated Income Loans

Question by mimi: How much could I afford for a house with this income?
I am planning to get a house in corpus christi texas. Between my husband in eye we make 69, dosage pharmacy 888 a year. Do home owners look at income before taxes? And what loan amount could I be qualified? I know I need to talk to a loan agent, but I am just getting opinions. Thanks!

Best answer:

Answer by godged
Income is important, but what is more important is your debt to income, how much you owe vs. how much you make. Home owners do not look at anything, your lender does.

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