How To Get The Best Mortgage Rates:

Find out EXACTLY how much you can afford BEFORE you start house hunting ... & compare several mortgage programs to get the lowest possible interest rate!

If you're like most people, buying a house will be the biggest purchase of your entire life.

And while we all want to buy our "dream house", most of us need to stay within a budget when buying a house, especially if you are a first time home buyer. After all, you DON'T want to buy your house...then find out you can't keep up with the mortgage payments!

Fortunately, the mortgage lenders don't want you to do this either, so they put a limit on how much they will lend you.

Even so, all lenders are different and you will find that each one will allow you to borrow a slightly different amount, with a slightly different interest rate, and with slightly different terms. So, it is a good idea to shop around and compare interest rates and fees!

Knowing exactly how much you can afford will help you a lot when you start searching for homes to buy. After all, there's no sense wasting your time looking at homes you won't be able to buy because you can't afford them!

If you really want to know how much you can afford - and get the best possible home loan program and mortgage rates - it's a good idea to actually apply with a few mortgage lenders for your new home loan (especially if you are a first time home buyer and new to this process).

And you should request a pre-approval letter that you can give to house sellers to show you actually have enough money to buy their house. This will give you a better chance of having your offer accepted - since the seller will know that you can actually afford to buy their house.

Now that you know how much house you can afford, you're ready to begin searching for your dream home!