Compare Mortgage Quotes

Posted: Wed Sep 23, 2009 5:59 pm Post subject: buying a home

can someone on ssi can be qualified to buy a home

adonis · Posted: Thu Sep 24, 2009 10:11 pm Post subject:

Hi Guest,

As far as I know, social security income (SSI) can be used to qualify for a mortgage. However, laws may vary from state to state. You can contact the local lenders of you area and check out if they would pre-qualify you for a loan.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

yes you cna get mortgage if the SSI incoem covers the needs and meets the guidlines

suyog · Joined: 23 Sep 2009 Posts: 53 9.38 Dollars($)

Welcome,
As I know, If you can chack mortgege of your nearby leander,than it compair to your problem. You can get mortgege if ssi incomes is neal.

greggwyburn · Joined: 13 Sep 2009 Posts: 60 0.00 Dollars($)

you can use it as your income.

also note that social security income is not taxable. so you can quote 25% more

gmakerley · Posted: Sat Sep 26, 2009 10:08 am Post subject:

not so, gregg...some social security is taxable. suyog, i don't know what "neal" ssi income is...what's that mean?

and there is a lot more to acquiring a loan than simply having income. you need credit, with a qualifying score, and you also need assets. the amount of debt you have at present will also be a large determining factor in whether or not you can qualify for a home loan.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

buying a home