How Much Mortgage Can You Afford?

Just because lender lets you borrow the maximum possible amount on a mortgage, that doesn’t mean you should take them up on the offer. Wondering how much of your monthly income to comfortably spend on your home? Trulia shows how to crunch your own numbers first to determine how much mortgage you can afford. Calculate your…

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Read more about the article How to Improve Your Chance of Being Approved for a Mortgage if You’re Self-Employed
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How to Improve Your Chance of Being Approved for a Mortgage if You’re Self-Employed

There are 15 million self-employed workers in the United States, according to the Bureau of Labor Statistics. While that's well and good, when it comes to securing a home loan, self-employed people have to work extra hard to obtain a mortgage. Here, Redfin recommends some tactics self-employed individuals can take to improve their chances of getting approved for a mortgage: 1) Have…

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