Me and my husband are looking at a $ 30,000 fixer upper, but we will need to borrow like $ 35,000 or $ 40,000 to fix the house. My husband knows how to do it all. I make about $ 25,000 a year and my husband makes about $ 11,000 a year. Does this sound unreasonable? I know their are more factors to it like other bills and credit. What are the chances we would be approved?
I must add, I don’t have perfect credit but I always make my payments on everything and have only been 4 days late on one thing my entire life.