Home Loans 101

Aside from looking for that dream home in a dream location, one very si-highlight--primary factor to consider would be how much one can pay for the house. It is not just about meeting the required down payment, but also, how much one can allocate from his salary for monthly mortgage payments. Below, the fundamentals of home loans each and every future home buyer must know are listed.

Do not be overwhelmed by the word loan. Be prepared. Know the basics and be ahead.