Susan Brewer Service First Real Estate
Phone (636) 936-8600
Fax (636) 936-8602
5237 Highway N
Saint Charles, MO 63304
Street Name (optional)
* Quick Search Tips - Select MLS Number OR Street/City/State OR Zip Code - then make your other selections.
How Much Can You Afford?
Understanding how much you can afford is one of the most important rules of home buying. Depending on your individual situation, your budget can affect everything from the neighborhoods where you look, to the size of the house, and even what type of financing you choose.
Bear in mind, however, that lenders will look at more than just your income to determine the size of the loan. Likewise, you may find that there are some creative financing options that can help boost your purchasing power.
Loan prequalification vs. preapproval
What factors are important to lenders?
Two important ratios
Down payments make a difference
Other ways to improve your purchasing power