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  2. Income requirements to qualify for a mortgage - AOL

    www.aol.com/finance/income-requirements-qualify...

    For example, if your gross income is $6,000 per month, your mortgage payment should be no more than $1,680 (28 percent of $6,000), and your total debt payments (including the mortgage) should max ...

  3. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    Here’s an estimate of how much bad credit might potentially cost you if a lender charged you a higher interest rate on a 30-year, fixed-rate mortgage of $350,000 due to a poor FICO Score: FICO Score

  4. The Quick Way to Determine Your House Payment - AOL

    www.aol.com/news/2013-02-25-calculate-house...

    Using the above example, let's say you're trying to weigh how much house payment you can afford with other monthly obligations: A car lease payment for $300 per month and $80 per month in credit ...

  5. Mortgage prequalification vs. preapproval: How to time these ...

    www.aol.com/finance/mortgage-prequalification-vs...

    Mortgage prequalification is an informal estimate of how much you may be able to borrow. It’s based on information you provide, without any verification from the lender regarding its accuracy.

  6. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    First-time buyer loans typically have more flexible requirements, such as a lower down payment and credit score. Many help buyers with closing costs and the down payment through grants and low ...

  7. The best home loan: how to shop for and compare ... - AOL

    www.aol.com/finance/best-home-loan-shop-compare...

    For example, if you have a lower credit score, an FHA loan may be the best option for you because they come with lower credit requirements than a conventional mortgage. VA and USDA loans require ...

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