How do I know how much house I can afford?

Generally speaking, you can purchase a home with a value of two or three times your annual household income. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Give us a call, and we can help you determine exactly how much you can afford.

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Statia “Stacey” Parks NMLS#56992   Shelly Jones NMLS#57012  Sarah Barker NMLS#2061283

Robert Jones NMLS#1266752   Richard Dickerson NMLS#2010396  James Shimp NMLS#2226476


Multiple Option Mortgage Services NMLS# 57052

1701 Herr Lane Suite 200, Louisville Ky 40222

 

Phone: 502-473-1817 Fax: 502-747-7080