Don't Push Your Limits
“Just because you are pre-approved to buy a house at the top end of your range, doesn't mean you should,” advises TJ Freeborn of Discover Home Loans, pictured here with her son Jack in front of the Elmhurst, Illinois, home she bought. “Single women have only one income to rely on for household expenses. It's smart to make sure that your monthly mortgage payment is an amount that you are comfortable with. Then, if unexpected expenses arise, your ability to pay your mortgage and maintain your lifestyle isn't compromised.”
