Whether you have just made the decision to find the home of your dreams or you are just starting to give it some thought, the first step is to find out how much you should pay. There are several questions that you should ask yourself.

The first question is “How much am I comfortable paying a month?
The next question is “How much will a bank or mortgage company lend me?

They may not always be the same. Sometimes you can “qualify” for a mortgage but you do not feel comfortable with the monthly payments.

How much are you willing to sacrifice monthly to live in your own home?

Only you can answer that question. If you are unsure, try putting the equivalent of a mortgage payment in the bank for a few months and see how it goes. You will be saving money at the same time you are “practicing” to see if this amount is comfortable.

By clicking on the links above, you will gather more information on the financing process as well as a mortgage calculator. With today’s interest rates lower than they have been in several decades, this could be your perfect opportunity to become a homeowner.

If you would like a mortgage representative to contact you to discuss financing, click on contact us and request mortgage information. Please do not forget to include your e-mail address and/or phone number.