One of the first steps to understanding what size mortgage you can really afford is to take a look at your overall finances. While it would seem to make sense that a lender will only let you borrow what you’ll be able to repay, that isn’t quite how it works in practice (hence the catastrophic mortgage meltdown of yesteryear).
With that said, it’s up to you to understand your own finances. Don’t worry: it’s not as difficult as it may sound. Preparing for your own mortgage scenario is one of those life administration tasks that most people aren’t excited about, but the time it takes is well worth it.
Click here to get started with Sindeo’s step-by-step method to find the best mortgage for you.
Once you’ve completed these steps, you’ll have the financial information you need to create your home buyer profile.
Need help or more information? Reach out to one of our advisors!
Climb Real Estate provides this information to the public and our clients and does not guarantee its accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For buyer representation, contact Climb or learn how to buy new developments.