Conventional Buyer
Qualification Form

Prepared For ________________________________

Prepared By Tracee Lutes

1) Monthly Gross Income ____________

2) Times Qualifying Ratio (28) ____________

3) Maximum Monthly Mtg Payment (Ratio 1) ______

4) Monthly Gross Income ____________

5) Times Qualifying Ratio (36) ____________

6) Maximum Monthly Payments To Debt __________

7) Less Other Montly Debt ____________

8) Maximum Monthly Mtg Payment (Ratio 2) ______

9) Lesser Ratio (1 Or 2) ____________

10) Less ½ Estimated Tax & Insurance ___________

11) Maximum Principal & Interest ____________

12) Term Of Mortgage ____________

13) Rate Of Interest ____________

14) Solve For Mortgage Amount ____________

15) Add Down Payment ____________

16) Maximum Qualified Sales Price ____________

 

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