You’ll need recent pay stubs, W-2s, and tax returns.
This proves to sellers that you are a serious, capable buyer. what qualifies you to buy a house
Your total monthly debt payments divided by your gross monthly income. The Goal: Most lenders prefer a DTI ratio of 43% or lower. You’ll need recent pay stubs, W-2s, and tax returns
Money for the down payment (3% to 20%) and closing costs (2% to 5%). 📊 Credit Health You’ll need recent pay stubs
This includes your future mortgage, car loans, and student debt. ✅ Pre-Approval Status
You can sometimes qualify with a score as low as 500–580.