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re: first time home buyer?
Posted on 5/24/15 at 3:11 pm to ds1tiger
Posted on 5/24/15 at 3:11 pm to ds1tiger
They track your work history for last two years but wife and I both are 1 year into current salaried jobs and we are fine. We qualified for a lot more than expected but we knew how much we wanted to spend and stayed there. Would rather not be house poor. I believe mortgage/rent should be no more than 25% of net income. Marriage companies will qualify you for 50% of gross income.
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