Want to know if you meet the mortgage qualifications?  A general rule is that you usually can qualify for a mortgage loan of up to four times your household's pre-tax income (assuming you have no debt).  Lenders do vary though, and use many different factors to determine how large a mortgage you can obtain.  Mortgage Qualify Calculator

• Housing expenses (including mortgage payments, insurance, taxes, and special assessments) do not exceed 28% of your gross monthly income.

• Remaining debt added to your housing expenses should not exceed 38% of your gross monthly income.

• Your job history is important and it will be a major factor in whether you qualify for a loan. Continuously working for two years or more is considered steady employment ( not necessarily the same job for two years).

• Credit History is also a major factor in qualifying for a loan, but also the interest rate you receive.  Lenders see how you paid your bills in the past as an indicator of how you will pay your bills in the future.  Not only paying your bills, but paying ON TIME is crucial.

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