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Do I Qualify?
Mortgage Library: Ask a Mortgage Related Question: Answers: Do I Qualify?
I graduated from college about 1 year ago and have been steadily employed for about a year now. I have been considering looking into purchasing a condo and I am not sure if I will qualify for a mortgage. I have payed off all student loans and have very minimum credit card payments each month. My annual salary is a little over 38,000 and have about 6,000 saved for a down payment so far. My question is how likely is it that I would be approved
for a mortgage or am I just wasting my time?
L., congratulations on graduating and welcome to the real world!
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