How Much House Can I Afford?

You might have an idea how much house you can afford but will your bank be on the same page? Before you fall in love with a house, take the time to pre-qualify for a mortgage so you know exactly how much you're comfortable spending? As a bonus, your offer will appear much stronger to sellers concerned about buyers' ability to qualify for financing because you'll be able to include with your offer a pre-qualification or pre-approval letter.

During the pre-qualification process you'll learn:

• The size of the mortgage you can afford.
• How much cash you'll need for the down payment.
• The minimum down-payment, as well as the advantages of higher down-payments.
• What the bank feels you can afford for a monthly payment.
• How much you're comfortable spending, given your income and budget.

At Lake & City Homes we help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started.

At Lake & City Homes we respect your privacy and would not dream, under any circumstances, of sharing it with anyone apart from one of our preferred mortgage lenders. This service is provided free of charge, without obligation, and is just one of the many services offered by the top Madison real estate agents at Lake & City Homes Realty.

Pre-qualifying for a mortgage is the right first step to take in the process of buying a home. Please take advantage of this free, no obligation service and feel secure in knowing that you're going about the process correctly. Just fill out the form and we'll get back to you immediately so you can start focusing on finding the home of your dreams!

DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 02/04/2012.

Copyright 2012 – (South Central Wisconsin MLS) – All Rights Reserved