FAQ > Qualifying payments > How do we qualify you?
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We look at your gross monthly income and, depending upon your loan program, take a percentage of that amount to determine your maximum debt allowed. Maximum debt allowed could be anywhere between 36% - 55% of your monthly income.
Debt that is factored in includes:
- Proposed housing payment
- Car payments
- Student loans
- Other installment loans
- Credit card minimum payments
Last updated on May 6, 2010 by Alex Jaffe
