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Once you've made up your mind to buy a home, the first question that comes to mind is, "How much can I afford?". The financial aspects of buying a home do not need to be confusing. Your REALTY WORLD salesperson can arrange to have you pre-qualified for a loan before you start shopping. Most lending institutions will only allow approximately 30% of a person's income to support a mortgage. They will usually not allow more than approximately 40% of income to support a mortgage together with other debts. The amount of money you qualify for plus the amount of cash you can put down, will equal the amount you can afford to spend on a home.

Selecting a Sales Associate Sales Associate Function
Working with a Sales Associate Buyers Contribution
Establishing a Market Value Qualifying for your Mortgage
Checklist After Buying a Home