Anyone with knowledge of real estate that could respond to that?
My mother is retired living on Social Security and VA disability. She is currently paying $ 699 for rent, but she wants to buy a house. She can not go VA (already used). He made 1800 per month. What is the original price they could afford to maintain or to qualify for already? Is it true that companies will not give you a loan, if the income ratio mortgage of more than 33%? It makes no sense to me because there are so many people in our area to buy $ 300,000 homes on 20,000 dollar profit.