Home ownership can provide personal and financial security. Tax Advantages- Deductions. The largest investment for most people is their home. In the long run, investments in homes far outpace inflation.
Homeowners build equity and, in most states, can borrow against it.
If you want to buy a home, it makes sense to find out how much you can borrow. If you get qualified or apply for a loan, you'll know how much you can afford, you'll strengthen your position as a buyer, and you'll have a basis to compare different loans and make the best choice for you, which may mean tremendous savings over the life of the loan. It also makes sense to secure a lender's commitment as soon as you know that you want to buy. Find out how much you can really afford. Make yourself a stronger buyer.