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That question can not be answered without the overall expenses being outlined. When true debt-to-income ratios are calculated, they include all debt known to the lender from credit cards, auto loans, home insurance, home taxes...etc.

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16y ago

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IS THERE A GRANT THAT HELP LOW INCOME PEOPLE BUY A HOME?

IS THERE A GRANT THAT HELP LOW INCOME PEOPLE BUY A HOME


Do you need to be a qualified buyer to buy a home that the owner will carry?

Yes, for the most part, you will have to have some qualifying element.


How do you find a non qualifying home loan to buy a house?

Try your Sunday Newspaper under " NON-QUALIFING"


How is the home-buyer's 6500 tax credit paid to you?

Under the new lawman eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010. For qualifying purchases in 2010, taxpayers have the option of claiming the credit on either their 2009 or 2010 return.First it is a credit on your income tax return and it will be used to offset any federal income tax liability that you may have on your 1040 income tax return.When you do not have any federal income tax liability then the all $6,500 of the tax credit will be refunded to you after you complete and file your 1040 income tax return and the IRS finish the processing of your income tax return.


How much income is needed to buy a home?

While income is an important factor in the purchase of a new home, it is not the only criterion. However, generally, lenders will not loan money on a home where the payment exceeds 28 percent of a monthly income.


What should you do with 1000000?

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How old do you have to be to buy a home?

Basically you have to be an adult and have a steady income and downpayment to where it makes sense to loan you the money.


Can i buy a house if i have associate's degree?

Your education doesn't determine home ownership. Your income is the primary factor.


How do you find masterball in Pokemon shiny gold?

u buy it for 1000000


How can you make 1000000 quick?

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how do you get 1000000 robux?

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