With the warm weather over the weekend, many people that are hoping to purchase a home this spring are starting to get “that itch.” To go look at houses and see what’s already out there on the market. But do you know how much you can afford? Have you spoken to a mortgage professional to see how much purchasing power you have?
Don’t go out and find your dream home, only to realize you may not be able to obtain financing. Talk to a mortgage broker, and in as quickly as 15-30 minutes, we’ll be able to tell you how much house you can afford to look at and purchase. Knowing how much you can purchase up front not only saves the embarrassment of having to retract an offer to purchase due to lack of financing, but also makes the purchasing process a lot less stressful. If you already have a pre-approval (not simply a rate hold, but an actual pre-approval) you’ll be free to focus on finding your dream home!
