Financial Assistance One of the best things first time home buyers can do is get their home financing pre-approved. It lets them know what price they can afford and gives their offers more weight should they find themselves in competition with other buyers for the same property.  A good Realtor® can show you what your financial position is and give you peace of mind that your first home is affordable. Try it for yourself - here’s how... The Magic Formula Below is an approximate method to determine how much of a monthly mortgage payment you are able to afford. Please bear in mind, other factors may come into play such as company policies, total debts, credit rating and how long you have been at your current job. Who To Choose? Contact us for our preferred list of lenders to give you some of the best names in the local mortgage business!