Another important point is that you should buy the house that satisfies your needs, especially here in San Francisco. Because you are pre-approved for a $2,400 mortgage payments does not mean you have to buy a house with $2,400 monthly mortgage payments. If a house with $1,300 monthly mortgage payments satisfy your needs go for it. If you are a San Francisco retiree, sometimes an apartment or a more affordable town house will satisfy your need instead of a single-family home. Remember, a lot of people were driven into bankruptcy because they bought a house they could not afford. For more information about getting started with your bankruptcy, call a knowledgeable San Francisco attorney at Sagaria Law.