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Updated over 8 years ago on . Most recent reply
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Loan on a Low Income
Any suggestions on how I can get a mortgage loan with a low income? Ive been told to get a co signer. Any suggestion BP community?
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Originally posted by @Kevin Izquierdo:
Any suggestions on how I can get a mortgage loan with a low income? Ive been told to get a co signer. Any suggestion BP community?
Not enough information here to really make a comment. It depends how low your income is, how much debt you have, how big of a loan you need, loan to value ratio, and how good your credit score is. Same things will apply for the co-signer - if they are in a bad financial position, they won't be helpful as a cosigner.
-Christopher