I hope you find my answer helpful. You will want to first decide how much house can you afford. This is best done with a budget. Can you afford a mortgage payment of $1,500. per month and does this allow you a good quality lifestyle that you can live with? Can you afford half that amount or double that amount. Next, you want to make sure that you have excellent credit so that you can obtain the best financing, what I can Cheap Money. A good 30 year fixed loan so that in the future you can own your home free and clear someday. You can always refinance but you don't HAVE to refinance. Then you decide how much of a down payment you have, this budgeting and work done in advance will provide you with a price range that you can afford and be comfortable with. Then you can set yourself up for success long term in a home and a mortgage you can afford in order to achieve long term homeownership! Good luck to you!
The Credit Restoration Expert
1. Indy Mac Bank- Steve Mcneal-209-550-3747, 2. Metrocities Mortgage-Michael Content 209-605-1671, and 3. Countrywide--Jonas Pritchard--(209) 402-1305.