Am I limited as to how much I can pay for a home?
Monthly mortgage payments should be no more than 29% of gross income, while the mortgage payment combined with non-housing expenses, should total no more than 40 % of gross income. Your total housing expenses must also be within the allowable payment standard for your family’s bedroom size. The family must pay any amount over and above the payment standard in addition to 30% of their adjusted monthly income.

In most cases, your family can help you purchase a home by assisting with a down payment. We do not allow non-occupying co-signors or co-borrowers.

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1. How do I know if I am ready for homeownership?
2. What are the eligibility requirements to participate in the Voucher Homeownership Program?
3. How do I obtain financing?
4. Do I have to have good credit?
5. Are there any programs to help me save for a down payment?
6. What other costs are there?
7. Am I limited as to how much I can pay for a home?
8. Do I need to get my home inspected?
9. Am I responsible for other expenses incurred as a result of purchasing the home?
10. If interested in Homeownership, what should I do next?