<prompt> Human: Im a 28 year old, 3rd year PhD grad student with a good chunk of accumulated savings 215k. Can I get a mortgage approved on savings alone? My PhD stipend is shit, haha. Edit: Easy on the downvotes guys, its just a discussion. This sub is so insert canned response here sometimes, christ.  <response>: No, but 215k would buy a decent little place most places in the country. Have you thought about buying cash? Otherwise just wait until you have a better salary. 