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[quote=Anonymous]Find a mortgage broker and have them run some numbers for you.  they'll tell you some options.

I've found First Home Mortgage to be pretty helpful/competitive.   There are a lot of branches.

Also run some numbers on your own.  Basically, what is your monthly take home pay, expenses.  then figure in what you can afford to pay monthly for a mortgage from that amount.  And also figure in higher utility bills.  Then add on top of it stashing some money for savings for repairs (basically working in a cushion).  That should give you an idea of what you feel comfortable with as a monthly payment.

With that information, a mortgage broker will be able to tell you with today's rates, what kind of mortgage you can get and have approx. the monthly payment you're comfortable with.  That will be your ceiling.

Then start looking at real estate sites, maybe read some agent reviews and find an agent.

I highly advise you to figure out what you can comfortably afford per month FIRST.

THEN contact a mortgage broker to sort out what kind of mortgage you can get for that monthly amount.

THEN contact a real estate agent.

A lot of mortgage professionals will do some calculation of your annual salary v. your debts.  But it's far more useful for you to figure out what monthly payment you are okay with by actually writing out your take home pay and subtracting all of your actual expenses.  Then whatever you get back in taxes due to the mortgage interest deduction can be put in savings and used for emergency repairs.

Good luck.[/quote]

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