VIDEO: I've been spending a lot of time recently, with first-time home buyers getting ready to make an offer on their first property. Always an exciting experience. As an advisor, I ask my clients to check to see if they're financially ready to own a home. We take a look at how to calculate how much you're spending now, what you can afford and your future expenses. Let's take a look at five things to review before you meet with your mortgage lender.