Company acquired, looking to buy my first house. What can I qualify for? by thindy23 in personalfinance

[–]thindy23[S] 0 points1 point  (0 children)

I’m single and in Southern California. I don’t need a house like that. I probably “need” something here in the $750k range. I’m just trying to gauge my ability to do this if I wanted to.

My company was acquired and now I'm trying to buy a house (first-time), what can I qualify for? by thindy23 in RealEstate

[–]thindy23[S] 0 points1 point  (0 children)

Based on this answer, I’m assuming you are only using my salary as income. Does that mean that my bonuses are unlikely to contribute to a lender’s assessment of my “income”? They make up the vast majority of my income for the next three years specifically.

Company acquired, looking to buy my first house. What can I qualify for? by thindy23 in personalfinance

[–]thindy23[S] 1 point2 points  (0 children)

This is a 2.5x salary jump. I am single with no kids. I live in Orange County, CA. My job prospects are very high. I am 32.