I've seen several old threads discussing mortgages. I would like updated info on home mortgages. I can afford the mortgage payment through various means... The documented income is the primary issue. Any input or suggestions would be appreciated.
More info would help answer your question.
What's the purchase price you are looking for?
Loan amount?
Assets (checking/savings/stocks/bond/MF/IRA/401k etc) after down payment?
Any other monthly debt obligations?
Where is the ability to afford coming from?
Can you show any W2 income?
Do you show any income on your Federal income taxes?
How's your credit?
Spouse/coborrower? Income/credit on them?
Do you or coborrower own and other properties? (If so need property type, mortgage amount (if any) and estimated value).
There's more but that could get this discussion started.