Pre-Qualify before you look to buy a house

When your planning to purchase a house it is always important to pre-qualify for financing before looking. You should contact a mortgage broker or your bank and find out how much you can finance. It also depends on your down payment and what your monthly payments will be. If you know what you can afford before you put in a conditional offer on financing this can save everyone time and you will not be disappointed if you do not qualify for a home that is out of your prize rangge.