The best way to find out how much you qualify to borrow is to get pre-qualified1.
It’s free and will help make the entire home buying process much less stressful.
With a few key pieces of information, such as your income, debt, and assets, the lender can give you a general idea of how much house you can afford.
- You’ll know what price range you qualify for so you can concentrate on homes within your budget.
- When sellers know you're pre-qualified, they look at you as a serious buyer.
- It’s a great negotiating tool, especially if you find yourself bidding against other buyers.