How much
can I afford?
 To
answer that question, lenders look at all the elements
that make up your financial profile, including your
credit history, the cash you have available for a
down payment and closing costs, your income and your
existing debt and financial obligations.
Then, taking the current market interest rate into account, a lender
can give you an idea of the maximum mortgage amount you can afford.
By adding your maximum mortgage amount to the funds you plan to
use for your down payment, you will know your home-purchase price
range. To find out more, ask
my Mortgage specialist to assist you with home mortgage pre
approval.
See
tips on shopping for a mortgage!
|
< Can
I afford it?
< Credit
History
< Down
Payments
< Closing
Costs
< How
big a loan?
< Mortgage
Payments
< Financing
Choices
< Government
Loans
< Conventional
Loans
< Loan
Shopping Tips
|
