Trapdont Rely On Secondhand Information

You can only get the answer to how big a loan and monthly payment a lender will offer from a lender. Don't make the mistake of thinking you can fill out a quiz in a book, go through some formulas, and get that information. Neither I nor any other author can realistically tell you what you can afford without knowing your specific financial information and without submitting that to a lender.

Therefore your first step is an easy one. You find a lender and get "pre-approved." (This is something you will need to do in any event in order to get home financing, so it's not a wasted or extra step.)

Pre-approval takes perhaps a half an hour or so of your time. You contact a lender or mortgage broker (see where to find them in Chapter 4), fill out an application, provide some documentation, and that's it. It might cost you $35 for a credit report (or it might not, depending on how good your lender/mortgage broker is), but that's really a very small investment. You'll have your answer in a few days or less.

Credit Card Management Philosophy

Credit Card Management Philosophy

Everything You Need To Know To Ramp Up Your Life And Be A Success With Managing Your Credit Cards. This Book Is One Of The Most Valuable Resources In The World When It Comes To Getting Serious Results In Learning How To Manage Your Credit Cards.

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