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.
Thank you for your interest.
Contact Wood Buffalo Housing for more information, or to check the status of your inquiry at 780-799-4050.
Our Leasing Agent can be contacted at 780-598-3689 from 8:30 AM-4:30 PM weekdays.