How much house can you afford? Two easy ways to tell.
Buying your first home is an exciting process, but it’s not just about finding the features you want. If you’re like most people, price plays a major role in your decision. After all, even if you feel confident that you can afford a property, you’ll still have to convince a lender.
All lenders have unique lending guidelines, but they usually include some of the same key benchmarks. Here are two metrics they’ll use to decide how large a loan to issue you:
http://flip.it/agOOH
No comments:
Post a Comment