Knowledge is key to being comfortable with financing a home purchase. That is a big reason why you should work with qualified, experienced professionals. Both Realtors and their team of lenders, home inspectors and insurance agents.
One term you may have heard before is Debt to Income Ratio. It is one of those factors that determines what type of loan you may qualify for.
If you find the financial part of home buying confusing, message me with your questions!
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