Are you thinking about buying a home, but don’t know whether or how well you can afford it? The best way to find out how much home you can afford is to prequalify for a mortgage.
Prequalifying for a mortgage is just a fancy way of saying “figuring out how much you can afford to spend on a home.”
Prequalifying shows you where you stand financially, based upon your current income, debt and savings. In doing so, you can determine:
- an estimate of a home purchase price and monthly house payment that you can afford,
- how much money you will need for the down payment (the difference between the sales price and the amount of your mortgage), and
- budgeting goals you need to set and achieve.
I can help you prequalify for a mortgage. (Please know that prequalifying is not a commitment on your part to work with me. It also does not guarantee you a loan. That all happens during the actual loan application process.)
Give me a call @ 832-647-1769 or drop me a line at donte@TheNewlywedRealtor.com, and we’ll get you moving toward moving day in no time!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment