▲ 2 r/Mortgages
So we are looking to build a home as our current house (1978 mobile home on permanent foundation) is falling apart as these older mobile homes frequently do. We have roughly $50-60k in equity on the property, I have about $55k/yr in tax free income and roughly the same in taxable. I believe I qualify for a VA (Title 2 I think is what it’s called) home loan and it should fall under USDA as well being a Rural Property in a lower income area. How can I figure out:
A. Roughly how much house we can afford to build.
B. Options for getting the ball rolling
u/Cheap_Hour_2463 — 9 days ago