How much home can I afford to buy?  Knowing your purchasing limit is an extremely important step to take before thinking about building a new home.  Not only is it essential that you know what a lender may identify as your limit, but also understand what your personal limit is.  The key is to contact a mortgage lender, bank, or broker whom you feel will work in good faith to protect your goals and interests.  Using local banks and brokers are the best bet as they are here, reachable, and strive to make sure your purchase goes smoothly.

Taking the step of pre-qualifying will save you time and potential embarrassment because you will know the price range you can afford before looking at homes to build or purchase.