How much money do I need to make to qualify for a mortgage?

Answer A borrower qualifies for a mortgage based upon the debt-to-income ratio, which measures total monthly debt versus total monthly income. Lenders typically require the ratio to be under 36 to 42 perc... Read More »

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Can i qualify for a mortgage before i sell my home&satisfy the existing mortgage?

On One Hand: The Hard WayIf your credit history and financial situation are good enough, you can qualify for a mortgage on a second property. This will work just as if you were buying a second home... Read More »

How Much Money Can You Make & Still Qualify for Welfare?

The U.S. federal assistance program known as welfare began during the Great Depression of the 1930s, when the federal government responded to the needs of an enormous number of families who had lit... Read More »

How much money do you have to make to qualify for the child tax credit?

No minimum amount of income must be earned to qualify for the Child Tax Credit. However, there are limitations on how much you can earn and remain eligible. Married couples who file a joint return ... Read More »

How much money do I have to make to qualify for a Pell Grant?

There is not a minimum income requirement for a Pell Grant. The My Pell Grant website says nearly all students with an aggregate household income under $20,000 receive the benefits if they meet the... Read More »