California Home Mortgage Companies – How Much House Can You Afford?
Because of rising home prices, many homebuyers are forcibly purchasing homes they cannot afford. While many are able to handle the mortgage payments, they are unable to keep up with utilities and other household expenses. There are ways that you can avoid being “house broke.” Before applying for a home loan, it is wise to consult a mortgage professional and determine how much you can realistically afford to spend on a new home.