Typical home loan?
So me and hubby currently own a house which we bought in a smaller town outside of Lexington, ky for 103k at the time. It’s 3br/2ba with a small fenced in backyard and two car garage. It’s in great condition and a cute house, but we want to move to Georgia (back where I’m from) so my kids can be close to their family. Basically we need to sell our house sooner than later and I’m just wondering what to expect as far as a loan goes. His income is 40k and I make $600/mo in child support BUT he has perfect credit and I have horrible credit due to hospital bills back in Georgia, so I don’t want to affect our loan in a negative way so I won’t be added to it. I’m wondering with great credit and 40k income, what do you think most banks would give you a loan for? I’ll mention that our house value is now 137k
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