[getforfree]

When we were buying our house 2 yrs ago, we went with a stated income. We didn't have any debts. Our income that time was less than 25k/yr. If we would have stated our real income, there would be no way to qualify for 205K house. And that was the lowest price you could find around here in normal area. The house needed tons of repairs, which we did ourselves. We were making a little over 2K/month, and our monthly payment was 1607$ because that time we had mortgage insurance. Now we pay 1445, and make more. We were paying more than 75% of our income towards the mortgage, while estra spending on building materials for repairs, and we made it. As long as all your bills are less than your income, it's fine, even if it means $0 for intertaiment and eating out.