Question: what are the qualifications to purchase a house?
Answer: A Decent Credit Score. ...  Two Years of Employment with the Same Company. ...  Enough Money Saved for the Down Payment. ...  Debt-to-Income Ratio Below 41% ...  Budget for Extra Costs. ...  A Pre-Approval Letter. ...  A Knowledgeable Real Estate Agent. ...  Know if You Want a Fixed-Rate or Adjustable-Rate Mortgage.