A: The best type of mortgage for you depends on your individual circumstances and financial goals. Consider factors such as your credit score, income, down payment amount, and whether you prefer a fixed or adjustable interest rate.
Q: How much can I afford to borrow?
A: Lenders typically consider your debt-to-income ratio (DTI) when determining how much you can borrow. Aim to keep your DTI below 36% to qualify for the most favorable rates.
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