Understanding what you can afford is vital information BEFORE you start your home search. You can get a Pre-Qualify which is usually an estimate over the phone giving your basic information and that’s a start. The best option is the Pre-approval process is where you take the time to speak with a lender, and turn in requested paperwork, your income, credit, and debt are reviewed along with the money you have for a down payment and closing costs. This can take several days but you will be in a better position to get out there and find your Dream Home within your budget.