When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use our home affordability calculator to determine how much of a mortgage you may be able to obtain.
It looks like there are some unique circumstances in your financial picture. Call your PenFed representative today to discuss your options.
Apply before becoming a member.
After your application, we’ll help you:
1. Discover you’re eligible to become a PenFed member
2. Open a Savings/Share Account and deposit at least $5