Need some desperate advice. (nervous)

[Administrator]

Hello all. I just recently got my degree and job (about a year ago) and I am planning to make my first home purchase. I know nothing about this market and have been doing some research regarding this area. I am trying to get ahead of the curve and invest wisely. I am very interested in this home that cost about a half a million and I plan on making a down payment of 20% which leads to about a 400k in loans. Do you think I will get approve? I have an excellent credit score 720+ and my salary is right around 6 figure. Please lend me some help if possible. Thank you. P.S I also owe about 50k in school loans. That is about my only monthly payment.


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.


(Source: mortgagefit.com)