If my annual income is only $ 15k – $ 20k, do not give me a mortgage?

Tips and Deals Forums Home Insurance If my annual income is only $ 15k – $ 20k, do not give me a mortgage?

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      Anonymous
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      I am looking to buy a house in the $ 80,000 – $ 120,000 price range, and it seems realistic to the average speed, I see advertised. I have perfect credit, and no monthly debts at the moment, other than my car insurance and cell phone bill. I know I could not make the payments and still live comfortably. I saved enough money to fall back in case of emergency. I wonder if my low annual income despite the fact that as a risk factor, it is more than enough to pay the monthly payments.

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