Should I use my max pre approval amount?

Is it good to max out your credit card because the money is available?? Ask yourself if you feel your employment is secure or you would be able to quickly get similar wages quickly if something unforeseen happened. Your Lender will let you borrow as much as you are "approved" for -- the questions is -- can you sleep at night comfortably with the payment. Rent is expensive and buying a home is expensive. There will be surprise expenses when owning verses renting -- make sure you have enough income or savings to be not caught off guard. Really thing about it and crunch your budget. Sometimes people have to borrow their max approval -- sometimes they do not. Can you be happy in a home with a lesser payment that is maybe not exactly what you want? Best wishes!

Morgan, I would not recommend using your max pre-approval amount. Owning is such a wonderful experience, but there are times when it makes sense to rent. We have been in a lopsided market, but almost every market corrects and at some point we should see a correction cycle in the real estate market. I have a video on pro/cons of owning: https://youtu.be/GAoR3puVwBg?feature=shared I would be very cautious about maxing out financially. Tom