How much salary per year to qualify for $ 200,000 mortgage?

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So I was curious to see how many people per year or month to make the content itself must … qualify for a $ 200,000 mortgage. We sell our current home probably think years from now, and we are looking for a house for 200,000 or (200,000 would be our maximum) will receive less … This will depend on what sold our home now and what we’re 0% or 20 %…. depends. but we are still estimating 40k back of our house in cash if they sold even at a low price value. So somehow all was just curious have any good idea?

  1. Reply
    Age of Reason
    February 3, 2011 at 1:06 pm

    70k Lenders figure 3 times your salary for loan

  2. Reply
    Joe Angel
    February 3, 2011 at 1:13 pm

    I think everyone here are sharks, please contact your local licensed Realtor.

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