How Much Home Can You Afford?
Finding what price home you can afford to buy can be a time-consuming process of calling on several lenders, collecting data on various mortgage rates and reviewing your finances with several lending officers.
Fortunately, there is an easy way around all this. With a few simple steps, you can figure out for yourself the approximate mortgage amount a lender is apt to approve you for. That amount, plus the amount of your down payment, gives you the price range of homes you are qualified to buy. We call this exercise “pre-qualification.”
Request our Money report to learn the six easy first steps to find out what price home you can afford.
Or check out our list of local, trusted mortgage professionals, who would love to walk you through the pre-qualifation process. We’ve watched them council with buyers that have have low credit scores, and then helped those same buyers purchase homes. For many buying a home is a dream- but our team is here to help you set goals and make that dream a reality!!
Ready to start looking for your new home? Take advantage of our free MLS search– it’s real time information of all local homes for sale, listed on the MLS.