What Can You Afford-Not Just Qualify For

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 How Much Can You Qualify For—and How Much Should You Actually Spend?

Those aren't necessarily the same number.

Mortgage qualification generally considers your gross qualifying income and applicable debts.

But you don't live on gross income.

Your actual household budget still has to accommodate taxes, insurance, mortgage insurance when applicable, HOA dues when applicable—and everything else in your life.

Groceries. Utilities. Transportation. Childcare. Savings. Retirement. Travel. Emergencies.

That's why buying a home shouldn't begin with:

“What's the maximum amount I can borrow?”

A better question may be:

“What housing payment comfortably fits the life I want to live?”

A thoughtful pre-approval should help you understand both your financing options and the potential costs involved—before you start seriously shopping for a home.

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 Robert Clark | Home Loan Consultant
209-227-7745 | 559-476-9279
 rbrtclark53@gmail.com
 robertclarkloans.com

NMLS #357788 | Firestone Financial Group NMLS #301522
CA DRE #01148307 | Equal Housing Lender

Loan programs and qualification requirements are subject to applicable program, investor and underwriting guidelines. Payment examples and qualification can vary based on individual circumstances. Not all borrowers or properties will qualify.