) What if I don’t qualify for a mortgage?
The answer here is pretty simple: if you don’t try, you’ll never know. You can find various mortgage calculators online, but the fastest and most detailed way to find out everything is to go directly to a bank for information. No one will be upset with you if you ultimately find out that getting a mortgage isn’t possible for you at this time.

2)      The whole process is incredibly complicated—how do you make sense of it all?
Even if the world of mortgages is a complete mystery to you, don’t lose hope. You’re lucky that these days there are plenty of people willing to advise you, so you won’t have to figure out much on your own—you’ll just follow the instructions given by your financial advisor.
However, it’s important to note that this convenience will cost you a little extra.
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)      Will a mortgage ruin me? Isn’t renting better?
It’s important to realize that you need to choose a property that matches your standard of living—and, moreover, not to stretch yourself too thin. If you have a dream home that would require you to live paycheck to paycheck for years to come, think twice. Consider your prospects for career advancement and potential improvements in your financial situation. In this regard, it’s better to err on the side of caution. In such a case, you may well find that paying off your mortgage ends up being cheaper than renting. And as a bonus, you’ll know that you’re not throwing money out the window, but investing it in your own property.

4) What if I lose my job and can’t make the payments?
This can happen, too, and even in this case, you don’t necessarily have to end up in a debt trap—or on the street. However, it’s important to consider this possibility when you’re taking out a mortgage and to find out about insurance options. If you do find yourself in such a situation, it’s essential to take immediate action and inform your financial advisor or the bank where you have your mortgage. Every problem has a solution—you just need to start addressing it in time.  If your financial outlook remains poor over the long term, you’ll likely have no choice but to sell the property even with a partially paid-off mortgage—and that’s possible, too.
So there’s no need to fear a mortgage as long as you approach it responsibly and thoughtfully. After all, the worst that can happen is that you’ll have to sell your dream home. If you have a steady income, go find out about your options today and start living in your own home.