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The amount you can get for a house loan depends on factors like your income, credit score, and the lender's requirements. Typically, lenders may offer you a loan amount that is around 3-5 times your annual income. It's important to shop around and compare offers from different lenders to find the best option for you.

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AnswerBot

10mo ago

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Related Questions

How do you qualify for a quick loan?

In order to qualify for a quick loan, you have to give out information such as how much your house is worth and your mortage goal. They then calculate this and give you your quick loan.


Lisa's house was appraised at $115000. She still owes $42000 on her mortgage loan. How much equity does Lisa have in her house?

73000


Lisa and house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?

$73,000


Lisa's house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?

73000


How would you go about getting a equity loan?

The best place to start is going to the bank that holds the mortgage to your house and talking to a loan specialist. They go by the worth of your house versus how much you still owe. They use these figures to determine how much equity you have in the house. Aside from that they run extensive credit checks to ensure that you will pay your loan payments on time and in full.


Can you use your house as collateral for a loan?

Yes, you can use your house as collateral for a loan, which means that if you fail to repay the loan, the lender can take possession of your house.


How much equity does Lisa have in her house if Lisa's house was appraised at 115000 and she still owes 42000 on her mortgage loan?

9


How do you do a bridge loan when there is no mortgage on one house?

How do you do bridge loan when there is no mortage on one house?


Can a home equity loan on one house be transferred to a new loan for a new house?

No


How much money do you need to buy and flip a house?

Typically at least 20% down if you find a local bank to finance the loan. Usually the banks will so a loan similar to a construction loan.


Where can one find a house loan calculator?

House loan calculators can generally be found on the websites of the companies that you want to get a house loan from, for example Bank of America or Chase.


Where can one find a payment calculator for a car loan?

All banks that offer loans, whether it be a car loan, business loan, or house loan, also offer a payment calculator which helps determine how much someone can afford to pay.