• How do I find out if I can afford owning a home?
  You may be afraid that you can't afford owning a home. But for most people, home ownership is within reach. There are programs for first-time home buyers. In fact, home ownership can be is as affordable as renting, in some cases more affordable. Find a lender that you feel comfortable with and just ask. *
  
  
• How much “house” I can afford?
  Before you begin looking at homes, you should know what you can afford. If you want to know just how much you can afford, talk to a mortgage lender. They will get your credit report and discuss with you, just how much home you can afford. *
  
  
• How long should I wait to talk to a mortgage lender?
  When you start thinking about buying a home. Don’t wait until you've chosen your home to start talking with a mortgage lender. The relationship will be valuable when it comes time to get the loan. A good lender will advise you in what types of loans are good for your situation. And can help you find valuable resources. *
  
  
• How do I choose a mortgage lender?
  Most people think only about finding the lowest rate when choosing a mortgage lender. Financial considerations are important, you should consider the rates lenders offer on comparable loans. You want a lender you can trust, and someone you can work with. Don’t just compare rates, compare lenders and the loans they offer. *
  
  
• Do lenders need to know everything about me on the application?
  It may feel that way during the application. You mortgage lender needs to know about your employment, your finances, and information about the home you want to purchase. But they don’t really need to know everything about you. Be prepared. Gather together you financial info and share what your lender needs to know. Just ask your mortgage lender about which information they need to complete your application. They most likely will give you a check list. *

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