mortgage broker, mortgage paymentBuying a home is a big investment for most people, and the whole process can be fraught with some anxiety about being able to afford the home once in it. Chances are your mortgage broker will be able to tell you about the different loans that you might qualify for to make your payments a little easier to swallow. In the recent past, lenders were making ridiculous loans to anyone and their dog, but now the rules have changed, and now when your mortgage broker tells you that you will qualify and be able to afford a home, all bets are that he or she means it. Since the lending industry has been very hard hit by some of the designer loans made several years ago, they have learned not to generate loans for people who marginally qualify for home ownership. Sometimes renting can cost more than owning one's own home, but not often. It's still better to own, and if you can get a loan these days, be almost certain that you will be able to afford the home mortgage payment, unlike a few years ago.