There are so many unknowns when it comes to house hunting and it can all feel very overwhelming – especially if you are a first time homebuyer! As intimidating as it may seem, discovering what you can and can't afford is one controllable factor when looking for a home and it’s actually easier to find out than you might think! In this Mini Money Minute, you will uncover what information you need to gather to get your pre-approval letter from a lender, why it's important to get that pre-approval and how lenders come up with that magic number