Brian L. Bell's picture
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Name
Brian L. Bell

Personal details

Location
Chattanooga, TN
Web
http://www.faircashnow.com/
Short Bio
Consider unexpected expenses when you decide on the monthly mortgage payment that you can afford. It is not always a good idea to borrow the maximum that the lender will allow if your payment will stretch your budget to the limit and unexpected bills would leave you unable to make your payment. Get pre-approved for a home mortgage before shopping for a new house. Nothing is worse than finding the perfect house, only to find out that you can't get approved for a mortgage. By getting pre-approved, you know exactly how much you can afford. Additionally, your offer will be more attractive to a seller. You won't want to pay more than about 30% of the money you make on your mortgage. Paying too much of your income on your mortgage can lead to problems should you run into financial difficulties. You will have your budget in better shape when your payments are manageable. You should know that some mortgage providers sometimes approve clients for loans they cannot really afford. It is up to you to make sure you will be able to make the payments on time over the next years. It is sometimes best to choose a smaller mortgage even though your mortgage provider is being generous. https://goo.gl/UkY9AN

History

Member for
8 years 2 weeks