Yes, a mortgage at roughly $50,000 a year is very possible, because approval runs on your debt-to-income ratio, and the FHA-versus-conventional call comes down to your other debt. At $50,000 a year, a bit over $4,000 a month gross, the question is how much of that income your total monthly debts consume. The program ceilings: - Conventional: total DTI up to 50% with an automated (DU) approval. Manually underwritten conventional files cap far lower, 36%, stretching to 45% with strong credit and reserves. - FHA: with an automated approval, we treat 46.99% housing and 56.99% total DTI as the practical ceilings. Those figures reflect where FHA's automated system tends to draw the line rather than a published rule, so reaching them takes a strong file, compensating factors, and a lender without stricter overlays. That gap is why a borrower carrying a car payment, student loans, or credit cards can often absorb more total debt under FHA and still qualify. Nobody is promised the maximums on either program; the automated system has to approve the file, and manual underwriting is meaningfully stricter on both. Which program wins depends on your credit, your down payment, and how much other debt you carry, so the honest answer is that we would run both and compare. That side-by-side is exactly what the free Roadmap conversation gives you, about 20 minutes, where we run your real numbers.