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HOW MUCH INCOME DO I NEED TO APPLY FOR A LOAN OF $417000

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Icon Mini Profile amorloans2close





Joined: 19 May 2009

Posts: 1

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Post Posted: Tue May 19, 2009 4:48 pm    Post subject: HOW MUCH INCOME DO I NEED TO APPLY FOR A LOAN OF $417000
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how much income would I have to show for a loan amount of $417000
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10030
Location: Alaska
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Post Posted: Tue May 19, 2009 7:02 pm    Post subject:
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Hi amorloans!

Welcome to forums!

You need to show a stable income for the last two years when you apply for a loan. As far as your income limit is concerned, different lenders may have different criteria. You can speak to some of the lenders and check if you can be pre-qualified for a loan or not.

This community also has a large number of lenders. You can speak to them and seek a no obligation free mortgage consultation. This will let you know whether you'll qualify for the loan or not.

Feel free to ask if you have further queries.

Sussane
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