How hard would it be to get a $66,000 mortgage loan on a $200,000 property?
I’m putting down $ 134,000 down payment.
I’m self-employed. No debt. 750 credit score. My business sales are pretty high but actual profit probably averages 20,000/year, with some years at a loss some years at $ 36,000. Will it be a strugle to get a mortgage with even that much money down or will it be easy because of it?
My income history isn’t that great, but is it good enough to be considered or should I just look at cheaper properties?
What about more down or a lower mortgage, will that matter any?