Would I be able to get a mortgage?

Currently only at a 636 median (5,4,2 Fico), I make about 120k/year. Looking at a 350k house. ($380k, but can put 30k down).

My total DTI with home loan, assuming 3.5% interest would be about 42%.

Is FHA my only option, or is convential at all possible? Which would be better?

ā€‹

Thank you!!

submitted by /u/WhiteStar01
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Currently only at a 636 median (5,4,2 Fico), I make about 120k/year. Looking at a 350k house. ($380k, but can put 30k down). My total DTI with home loan, assuming 3.5% interest would be about 42%. Is FHA my only option, or is convential at all possible? Which would be better? ā€‹ Thank you!! submitted by /u/WhiteStar01 [link] [comments]

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