👉 In this episode you’ll learn: Just because a lender approves you for a certain amount doesn't mean you should spend that much on a house.

In this episode of the It Pays To Have Good Credit Podcast, Christopher Stirgus, owner of Stirgus Credit Repair, talks with Austin Edwards, known as Austin the Mortgage Man, about one of the biggest mistakes homebuyers can make: becoming house poor by purchasing a home at the absolute maximum of their mortgage pre-approval.

We break down what your mortgage pre-approval actually means, why being approved for more doesn't necessarily mean you can comfortably afford more, and how buying at your maximum approval amount can affect your finances after closing. We also discussed if Dave Ramsey advice on financing a home is still relevan ...