To determine if you are eligible to buy a home, there are several factors that you will need to consider. Here are some important considerations:

1. Income: Lenders will typically look at your income to determine if you can afford the mortgage payments. They will typically want to see that your income is stable and that you have a good debt-to-income ratio, meaning that your monthly debt payments are not too high relative to your income.
2. Credit history: Your credit history is a key factor in determining your eligibility for a mortgage. Lenders will look at your credit score and history to determine if you have a history of making payments on time. A good credit score and history can make it easier to qualify for a mortgage and get better interest rates.
3. Down payment: Most lenders will require a down payment, which is typically a percentage of the purchase price of the home. The amount of the down payment can vary, but it is usually between 3% to 20% of the purchase price.
4. Employment and job stability: Lenders will typically want to see that you have a stable job and a steady income. They will also want to see that you have been employed for a certain period of time, usually at least two years.
5. Assets and savings: Lenders will also want to see that you have enough savings to cover the closing costs and any unexpected expenses that may arise during the home-buying process.
6. Location: Lenders may have different lending criteria for different regions, like rural or urban areas. Some places may require a higher down payment or more stringent credit score requirements.

It’s worth noting that different lenders may have different requirements, so it’s important to shop around and compare different mortgage options. Consulting with a financial advisor or a real estate agent can also provide more specific guidance on the mortgage process.