One of the most common questions I get from homebuyers is:
👉 “How much home can I afford?”
Many buyers guess their budget or rely on online calculators, but the only way to truly know is through mortgage prequalification.
📌 What Happens When You Get Prequalified?
- We review your income, credit, and debts.
- We estimate how much you can borrow.
- You get a prequalification letter, which helps you stand out to sellers.
💡 Key Factors That Affect How Much You Can Afford:
✔ Your Income – Lenders look at your monthly earnings to determine loan eligibility.
✔ Your Debt-to-Income Ratio (DTI) – The percentage of your income that goes toward debt payments. The lower, the better!
✔ Your Down Payment – A higher down payment can lower your monthly mortgage payment.
✔ Your Credit Score – Higher scores often lead to better loan terms.
At Viva Casa Solutions, we make prequalification simple and fast. If you’re thinking about buying a home, let’s find out what you qualify for today!