Understanding the size of a mortgage that you qualify for is an essential first step in the home-buying process, but it’s a step that many people skip and then struggle with later. When you know how much of a mortgage you qualify for, you and your mortgage broker can look at properties that are within your range. It’s never bad practice to know exactly how much funds you have to work with before you commit yourself to making a purchase. A mortgage broker like those at Ross Taylor and Associates can calculate what you’ll qualify for so that you can go into this process with a full understanding of the mortgage amount that you’ll have to work with.
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