This is a most important step in the buying process. Before you get started, know how you are finishing. Many home buyers make the mistake of searching for a home without knowing where the funding is coming from, and without knowing how much home they can afford. This can result in stressful disappointment.
The intent here is to help you avoid making those mistakes, losing valuable time and avoiding frustration. Buying a home should be a pleasant and exciting experience. So knowing what you can afford and knowing what your payment options are, is critical to a satisfying home buying experience.