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How to get a higher loan amount?

I am an educator by profession and I also have a 1099 income from a rental property in Boulder, Colorado. I have student loans at $400 a month and my credit scores are in the low 600s. I applied for a mortgage a few days ago and was told that I could do an FHA for up to $500k with 3.5% down payment. I wanted $650k so I can pay off all personal debts and sell the Colorado home. Any suggestions on how to get a higher loan amount? by dgriffith147 from Boulder, Colorado. Jan 10th 2022 Reply


Jay Fertman (DirectLending)
#139 ranked lender in Colorado - 4 contributions

Hello dgriffith147,I will need more information to be able to answer your question.Please feel free to call me at 720-870-6812.Thank you,Jay FertmanNMLS ID: 262858Colorado License# 100020553Direct LendingPhone: 720-870-6812 (Landline - Does not receive text messages)

Apr 4th 2024
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