 | |  | |  | |  |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| Qualifications |
Maximum Annual Income Limits (before taxes) by Household Size (2008)
Mortgage “ability”
The Next Steps:
- 1 person $40,200
2 person $45,950
3 person $51,750
4 person $57,450
5 person $62,050
6 person $66,650
Mortgage “ability”
- Good Credit
Enough income after other debts to afford
Mortgage payment
Land lease payment
Homeowner’s association dues
Cash for down payment and closing costs
The Next Steps:
- Attend a CCLT buyer orientation (fill out a survey and submit to CCLT to be invited to
orientation)
Attend a first-time home buyer class (contact CCLT for approved list)
Obtain a mortgage pre-qualification from one of our participating lenders
Income verification process coordinated by CCLT
| 1730 Gaylord St. • Denver, Colorado • 80206 • phone 303.355.5044 • fax 303.355.5779 |