Ken Go reports
Everytime a first time home-buyer comes to us to have them prequalified, here are the following factors that we consider to determine how much the price range they should look into when house-hunting.
We ask about how much monthly mortgage payment will be comfortable for them. Normally, it would be slightly higher than the current rent they are paying.
We ask about what kind of work the buyers do? The financial and income situation is very important for us to be able to find the best suitable loan program for you.