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Yes, but they must be able to prove enough stable income to support their new mortgage payment. A good rule of thumb is that their new monthly mortgage payment should not exceed 31% of their GROSS (income BEFORE tax) monthly income. Stable income is income that has been received on a consistant basis for a minimum of 2 years. If your source of income is from Disability, Child Support, Alimony, or Social Security, you must be able to prove that you will continue to receive this income for at least the next 3 years.
What else can I help you with?
How old is the opra house?
The sydney opera house is 30 yrs old this year The sydney opera house is 30 yrs old this year
Can you get approved for a home purchase if your credit score is 512 and you have a couple of open collection accounts more than 4 years old?
You are very unlikely to be approved; moreover, if you are approved 1) you will be offered a very high interest rate in a subprime mortgage, and 2) given your credit history, you are likely to be unable to make payments on your house after a while, ultimately causing you to lose your house and putting a terrible black mark on an already bad credit history.Bottom line: even if somebody would approve you for a home purchase, DO NOT BUY A HOUSE until your finances are in order. You are just asking for trouble if you buy a house right now.
What are the laws in California if a 14 year old gets pregnant by 24 year old man even if approved by parent?
"If approved by parent" probably means that the 24 year old man AND both the parents will go to jail. The parents are allowing or promoting the crime of child rape and the 24 year old man is performing child rape.
Can a 17 year old move out of her house and move in her 27 year old boyfriends house in the state of Tx?
yes
Can 18 year old purchase a car?
Yes
Can a 19 year old move out of her parents house with her kids?
yes a 19 year old can move out of her parents house with her children
Can parents do anything against their 16-year-old daughter after they signed and approved her marriage with a 22-year-old guy?
i would geuss not anything that is legal.
Can a 13 year old purchase birth control?
Yes.
Can a 17-year-old purchase a car from a dealership?
Yes, a 17-year-old can purchase a car from a dealership, but they may face challenges due to age restrictions and financing limitations.
Where can a 9 year old get a job?
in their house
want to turn 150 year old house into a bed & breckfast inn?
I want to turn 150 year old house into bed & breckfast
I am 49 years old and planning to purchase 240,000 house. Should I pay the full amount in cash or should finance the house and use the cash to invest in the stock market with a 15% history returns?
I will say u should purchase the house why because you can live in that house for so many years and if you want to sell it year later you can even get more money than what you pay to buy the house so I will say buy the house
