How Much Can You Spend?
Don’t Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
You might have an idea of the payment and mortgage you can afford. But will the bank feel likewise? It’s always best to pre-qualify for a mortgage so you know exactly how much a financial institution is willing to lend you.
In many respects we very often find that financial Institutions will lend you far more than you want to borrow. What you can borrow and what you can afford are often two very different things. We’re here to help you figure that out.
In the prequalification process, you will find out:
- Exactly how much home you can afford.
- How much cash you will need for the down payment.
- The minimum down payment, and advantages of higher down payments.
- What the bank feels you can afford for a monthly payment.
The 519 Real Estate Team helps buyers pre-qualify for mortgages every day. Simply fill out the form below to tell us what type of home you’re looking for and we’ll get you information on a qualified mortgage specialist that will be able to assist you in understanding the ins and outs of mortgages.
Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than a qualified mortgage broker. This service is also provided free of charge, and without any obligation on your part. It is part of our job as realtors.
Once you fill out the form, we will quickly process your information and get right back to you!
