When looking for a real estate loan considering affordability early on will save you time and money because you won't bid on unattainable houses or apply for real estate loans that are out of your ballpark. It will be easier to get a real estate loan by taking creative steps toward improving your financial and credit profile. Real estate lenders have traditionally wanted you to make all monthly payments using no more than 28% to 38% of your monthly income. Real estate loans are easier to get with a substantial down payment of 15% to 25%. Real estate loans also take your credit history into account. The better your credit the better your chance of getting a real estate loan. Once you have secured a real estate loan, you can get a letter of authorization stating that you have been pre approved for a real estate loan. A pre approved real estate loan will give you an advantage when shopping for a home