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Believe it or not, the best first step to home ownership is not deciding what house to buy, but finding how much house you can afford to buy. There's nothing worse than seeing someone achieve their dream of buying their own home, then suffering an overwhelming financial strain and not be able to afford to keep that home. This is where Mortgage Finance 101 fits into the picture, to provide information and resources to help you understand exactly what you're dealing with. Knowledge is power.
Barring any credit problems that need to be cleaned up or issues with the property that need to be addressed, the process of getting mortgage financing is not a difficult one. The first step is shopping for a reliable provider of your home mortgage. There's no shortage of information on the internet, TV or the newspaper as to where you can obtain a mortgage. Choose one that is reputable. Mortgage lenders that are monitored and regulated by the state and federal government are always a reliable source. They have to be, or the government would shut them down in a heartbeat, especially in this economy. They include federally insured banks and savings and loans. Their regulating entities have imposed certain requirements in the process of extending credit that are safeguards designed to protect you. Unfortunately, most ordinary people don't deal with these things on a daily basis and are not aware of them, and when they do encounter them, they don't understand them. That is why I created this website, to help you understand mortgage financing and the process of getting a home mortgage.

Understanding Mortgage Financing: No Need to Fear the Path to Home Ownership.
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