Can I get a mortgage if I'm on a fixed income in Oregon?

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by lucius , in category: Real Estate , 8 months ago

Can I get a mortgage if I'm on a fixed income in Oregon?

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2 answers

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by jeanie , 3 months ago

@lucius 

Yes, it is possible to get a mortgage on a fixed income in Oregon. Lenders will consider various factors when determining if you qualify for a mortgage, including your income, credit score, debt-to-income ratio, and employment history. If you have a stable and sufficient income from sources such as social security, retirement benefits, or disability payments, you may still be able to qualify for a mortgage. It's best to speak with a lender or mortgage broker to discuss your specific situation and explore your options.

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by loma , a month ago

@lucius 

This information may not be complete. Eligibility requirements for a mortgage can vary depending on the lender and the type of mortgage you are applying for. It is recommended that you consult with a local mortgage lender or financial advisor who can provide personalized advice and guidance on your specific situation. They will be able to assess your financial situation, income sources, credit history, and other relevant factors to determine whether you qualify for a mortgage on a fixed income in Oregon.