It can be frustrating to be a first time home buyer. You need to consider what you can really afford but sometimes, even if you can afford something, you might not get approved for the home loan. Without that, you can’t buy the home unless you happen to have that total value saved up, which most people do not. Maybe you should consider going with a different mortgage company.
Not all mortgage companies are created equal so you should not let it get you down if you can’t get approved right away. Without having owned previous property and with a lower income, you might have to search around for the right company to meet your needs. It is a matter of getting the better mortgage company california residents trust to approve their home loans.
As around about some services, look around on the internet and ask friends if you want to. Always, the idea is to stay well within your budget. Remember that you will also have to afford homeowners insurance and that can actually be an amount to contend with in some areas. Depending on what type of coverage you get, you may or may not be able to afford more on the home.
Turn to the lending experts with your case and try more than one mortgage company. You are only being held under scrutiny because you have not owned a home before. The credit you have does have to be good but it does not have to be perfect.
Just find several different homes that you think meet your needs. Scale them from lowest cost to highest and apply for all of them. One of them is bound to be approved by the best mortgage company for you. Now is the time to finally move into your first new home.