
If you’re thinking about purchasing a home here’s what you can expect, in a nutshell, during the mortgage application process. Know Your Budget To determine how much house you can comfortably afford you can make use of home affordability calculators available online. You’ll need a tally of your total monthly debts, and your annual income. If there’s a home in particular that you’re interested in you can input the listing price into a monthly mortgage calculator to see if it fits within your budget. It’s always good to have a clear budget in mind when home shopping so you can spend your … Continue reading...