[Dr. W]

...clients qualify for? Is there a formula lenders use to determine how much loan someone qualifies for?For example...Buyer A: John Doe has a fico score of 750, he makes $150K a year (or take home of about $8,000). He has no other loans besides a car loan ($15,000 for his dodge charger), which is about $300 a month.Buyer B: Jane Doe has a fico score of 680, she is a doctor, and makes $300k a year (or about 16,000 take home). She has 5 credit cards with $10k balance total. She also drives a financed 2008 sedan BMW (with $600 montly payments).Which buyer qualifies for a higher home loan, and how much would that loan be ($300k, 400k, 500k... etc).thanks!