If you don’t qualify for the mortgage amount you want under the new rules, you may need to consider a less expensive home or
continue saving towards your down payment. Buying a home can be stressful and emotional, but it’s important to be realistic about what you can afford. Buy for right now and what you can afford
today so that life events and the unexpected don’t take away your ability
to afford your home later on. Being informed and having the right information is key to making decisions that are right for you now and in the future. Speak with a mortgage advisor who can help guide you through the process and answer your questions, so that you can make the
best decision for you and your family.