Mortgages Home Loans – bankruptcy modification
answers to your mortgage loan questions
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how do people qualify for a $600,000. home loan?
Posted on December 6th, 2008 8 commentsjen p asked:
I am looking into buying my first home. The med. price for a home in my areae is $600000. When I use the mortgage calculators available on line, I can only qualify for a $195,000. home loan.( can you buy anything for that price?) I make $90,000.00 a year. I don’t understand how anyone can qualify for mortgage with the standards they use. I
JONAS



