will i be approved for a mortgage?
I’m 21 years old. I make 36,000 yearly as a nanny. I have been a nanny for 3 years although up untill 6 months ago i was not paid on the table…so i have been at my new on the table nanny job for 6 months. my credit score is over a 621..my mom makes 27,000 a year and has been at her job for 8 years. Her credit was bad from a divorce but she now has credit cards and pays them in full every month. She has been working on her credit since her divorce 2 years ago. We have nothing in our name no car loan,very low or no credit card debt. The only thing i have is a student loan for 7,000 that i made about 60.00 payment on monthly. We live in new jersey. Is it possible for us to get a mortgage of about 150,000 or a little more? We only have about 3,000-6,000 in savings..Thanks!