Becoming a homeowner is more complicated than most people know. There are a lot of parties involved in a home’s purchase; the buyers, a mortgage lender as well as the support staff, a real estate agent, home appraisers, home inspectors, etc. That’s a lot of people! To complete the purchase of a home and for it to close on time, every party needs to be on the same page. On top of having multiple hands in the pot, buying a home is a big financial commitment. No need to be scared, that’s why trusted professionals are involved in the process.

Of course, it’s always a good idea to prepare for what to expect but has everyone heard the ongoing joke, ‘if it’s on the internet it must be true.’ As obvious as it sounds, the statement has truth to it.

Online mortgage calculators from major home buying sites like and Zillow are giving home buyers a chance to predict how much they can afford in a home. An article from the Business Insider mentions the Consumer Financial Protection Bureau (CFPB) has two big problems with many online mortgage calculators: they’re only as accurate as to what is entered and they only include principal and interest payments.

Leave it to a mortgage professional, like us, to determine what is affordable within your budget. Mortgage professionals are practicing their craft determining what a buyers can afford each and every day.

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