How Much Can You Borrow?

How much you can borrow will depend on your income, down payment, job stability, existing debts, credit references and payment history. Lenders usually use the following two qualifying guidelines to decide how much of a loan you can manage:

• Your monthly housing expenses - mortgage payment, property taxes, insurance, etc. These expenses should be no more than 28 percent of your monthly gross income.
  
• Your monthly living expenses and any long-term debts - utilities, car and school loan, child support, health and car insurance, etc. These expenses should be no more than 36 percent of your monthly gross income.

Mission Statement

While holding ourselves to the highest professional and ethical standards, we will strive to help our clients make informed real estate decisions, and in the process prove worthy of their trust and friendship. With Pride, Passion, and Loyalty, we will help our clients to reach their dreams of Real Estate Independence.