Chance of a mortgage on a cheap house with a 1099?
Added (1). I'm looking in the range from $85k - $130k on a home. I plan on depositing anywhere form 10% to the full 20% down for it depending on the price. I make $2400 a month, but that's only been for the last 6 months. Rent is ridiculous where I live and it is only going up. I'm currently filing as a 1099 as a sub-contractor while going to college. I have no outstanding credit debt and my score is somewhere around 700. Chance of a mortgage?
Read more: Chance of a mortgage on a cheap house with a 1099?
