Tuesday, November 28, 2017

How much income is enough to buy a mid-priced DFW home?

A mortgage resource website reports that a household in the Metroplex needs more than $59,500 in annual income to qualify for a median-priced house.​  That's roughly $4,100 more than the income needed at the national level.

The study, by HSH.com, is based on a median home price of $249,000 and a 20 percent down payment.​

Finding a $250K home is tough, but it is possible.

Your Broker will matter, a great deal...

No comments: