Second, you need to have ... based on your salary often comes down to a rule of thumb. For example, some experts say you should spend no more than 2x to 2.5x your gross annual income on a mortgage ...

Here are a few different rules you can apply. What percentage of your income should ... that you have a $5,000 monthly income ...

While there’s no minimum income requirement for a mortgage, your income does influence your DTI ratio. Lenders’ requirements ...

Applying to multiple mortgage ... low as possible because you are not paying off the mortgage long enough for interest rate savings to add up. You can even play one lender against another when you ...

You typically need at least a 620 credit score to get approved for a conventional mortgage—though some FHA lenders may work ...

Your mortgage lender should be able to give you an estimate based on where ... look at your income, debts, assets, employment, and credit. They want to make sure that you have the income to ...

The 52-week high for a 15-year refinance rate was 6.76%, and the 52-week low was 6.02% ... existing debt or increasing your income. With a mortgage, you have the option to buy discount points ...

VA loans don’t have a set minimum credit score — the required score varies by lender. These loans also don’t require a down payment. This mortgage is for low-income borrowers buying in ...