Owning your own home provides several benefits. In addition to the satisfaction of being a homeowner, you can build equity, enjoy tax deductions*, say "good bye" to your landlord and take control of your living environment.
Before you should even look at buying a home, you should know how much you can afford to pay for the home of your dreams. And to do that, you need to contact a lender and get â€œpreapprovedâ€ for a loan. But do you understand the loan process?