If your credit score is lower than 680, then you can spend up to 35% of your monthly income on housing costs. If your credit score is higher than 680, then you can spend up to 39%. Housing costs would include heat, property taxes and condo fees (if applicable). This is referred to as your […]
Yes, you should! Getting pre-approved is important to demonstrate to real estate agents and sellers that you’re a credible buyer. It means that you are ‘legit’ 🙂 and able to act fast when you find the home you want to buy. See our Left Swipe Dat guide for more info.