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How Much Can I Borrow for a Home Loan?

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Lenders will look at numerous factors when deciding how much you will qualify to borrow. That’s why if you’re looking to purchase a home, it’s always smart to speak with a top SoCal mortgage broker before you fall in love with a specific home. At Summit Lending we’ll begin helping you to determine what you will qualify for by gathering information from you. This will include your income, your monthly debts, the amount you feel comfortable spending each month on your mortgage, the amount of money you have for a down payment, and more. Together with you, we will build picture of your financial status to see how much of a loan you can qualify for. Contact us today for a no-obligation, free consultation.

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