Here's your chance to find out how much you can
borrow and how much house you can buy based on standard lender guidelines. We
assume your credit is typical. If it might be a problem, please contact your
Supreme Mortgage Group loan officer. Otherwise, just answer the following ten
questions and click the Calculate button for an instant answer.
Fields marked with an
asterisk(*) are
required. Others are optional.
1.*
Household Employment
Income:
Gross Paycheck: $
Self Employment Income (if
applicable):
2004 Profit from
Schedule C (line 29):
$
2004 Depreciation from
Schedule C (line 13):
$
2003 Profit from
Schedule C (line 29):
$
2003 Depreciation from
Schedule C (line 13):
$
2.
Other regular source of
income (pensions, disability, alimony, child support), monthly: Notice:
Alimony, child support or separate maintenance income need not be revealed if
the Borrower (B) or Co-Borrower (C) does not choose to have it considered for
repaying of this loan.
$
3.
Can you document your income
through Paystubs, W2s, etc.? Yes no
4.
Have you been steadily
employed in the same line of work for over two years? Yes No
5.
Please list monthly payments on
the following:
5a.
Car:
$
5b.
Student Loan:
$
5c.
Credit Cards (exclude amount that you pay
off):
$
5d.
Other:
$
6.
How would you rate your credit?
7.
How much will you have in the
following types of accounts: Please note that the following accounts are used to calculate your
purchase power.
7a.*
Checking and Savings
Accounts:
$
7b.
IRA's, Keogh's, and
401K's: Retirement accounts are calculated at 50% of face
value
