What is the first step in buying a home?

Before beginning your home search, make sure that you can afford the home and are in a position to buy. Talk to a mortgage broker or lender to determine what you can afford. The lender will ask you for information regarding your income, expenses and obligations to arrive at your maximum loan limit. Use the calculator on this page for a quick and immediate estimate. The next step if to find an experienced, professional real estate agent.

Posted in: Buyer FAQ