The purchase of a home can be one of the largest and most exciting investments you will make during your lifetime. Securing a mortgage requires hard work, sacrifice, careful planning, and knowledge of mortgage basics in order to be successful at getting approved for a loan.
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Mortgage
Factors That Affect How Much Home You Can Afford
The home buying process can be exciting as you browse potential houses and find the perfect fit for your family. Before you settle on a house, however, you need to consider carefully how much house you can afford. How much home you can afford largely depends on your income, your debts, and your current financial situation. Keep reading to learn more about the factors that affect how much home you can afford.