Can anyone suggest a lender

[patrick_in3]

I would like to look into getting pre-approved as my lease is up in December.

I live in US. I would be trying to do the loan in my name only however my fiancé of 10 years would be a 2nd income (has a recent judgment so not putting her on the loan).

I have about 7 years history in my line of work.

My credit score is about 660+. No BK. No charge off. Income is 63k before taxes. But I do have about 400 - 500 monthly debt. 1 car payment, student loan debt and some CC debt that make up that 400+.

I have not owned a house in 2+ years so I am told I may be considered a first time buyer again.

I would like to finance 100% and I am looking at houses right around 300k.

If someone would like to take on this challenge or can recommend someone please let me know.

Thanks!

[miguel_us8]

It sounds like you might be pushing it as far as ratios are concerned. With a monthly income at $5250 you're going to want your total payments at or below 1/3 of that amount if possible. There are definitely programs that allow for greater ratios, but you have to keep in mind how much that is going to cost you. A $300,000 loan is going to run you right around $2,000 (Off the top of my head) and that wouldn't be including taxes and insurance. While you may *have* that 2nd income, if she's not on the loan it wouldn't be something you could use to qualify for. I can say you must contact Meridian Financial and can call them at 888-429-6121. This is an official number. I am sure u will get the solutions to the problem.

There are no ratio programs that wouldn't require that you document your income, but that is usually going to require money down and is going to be a nominal rate

[ryan20]

Hello,

Sorry I have no idea regarding this matter. Hope the above replies help you.


Bye


Ryan