Apply for a housing loan
Keep in mind that when you do apply for a mortgage, the amount you’re able to borrow will be influenced by more than just your credit score or rating.
Lenders will also investigate your wages, your expected earnings in the near future, and any outstanding debts. Lender will also take into consideration of your other source of income, if any.
All of this will factor into the calculation of how much you’re able to borrow, and what kind of rates you will receive.
If the loan for which you’re approved turns out to be less than what you’ll need for the home you’re considering, you must find a different lender or try to recalculate your terms, or find a less expensive property.
Having a good credit score and cash in the bank are the two most effective ways to get a good loan with a decent rate.