This is a short list of our most frequently asked questions. For more information about RealtySpace, or if you need support, please call oursupport center.

You can find out by asking yourself some questions:

  • Do I have a steady source of income (usually a job)?
  • Have I been employed on a regular basis for the last 2-3 years?
  • Is my current income reliable?
  • Do I have a good record of paying my bills?
  • How is my current Experian record?
  • Do I have money saved for a down payment?
  • Do I have few outstanding debts, like car payments?
  • Do I have enough to pay a mortgage every month, plus additional costs?

If you can answer “yes” to these questions, you are probably ready to buy your own home and should get each person going on the deeds Purchase Ready as soon as possible

The lender considers your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. The lender also considers cash available for down payment and closing costs, credit history, etc. when determining your maximum loan amount.