This
should be your first stop.
It is nice to dream about that new house and even
a lot of fun to go out looking at homes. but if you can't get the loan
to purchase the house, you are only dreaming.
One of the first things that you should do is evaluate your finances. You must be able to make and continue to make those home payments. Make sure you can be comfortable doing so as they will continue for a long time. Many a divorce resulted from having to make that payment every month and no money to do the fun things they use to have money to do before that house payment.
Check your credit report before applying for the loan. If you find problems on your report correct them prior to making a loan applications. If you have a report in hand it can speed up your loan application time. For a small fee those can be obtained on line. Those used by lenders are Experian, Trans Union and Equifax.
Pre qualification or pre approval. If you are serious about buying a house you will want to get pre approved before making offers. A pre qualification is simply giving basic information to a lender and having them give you a rough idea as to the amount of loan you might qualify for. A pre approval is obtained after the lender has all the information needed to make the loan and the only thing they need is you to find a property.
Once we determine how much you can borrow we will work to find you that perfect home. You will get a daily update on all new homes that come on the market meeting your dream home criteria.
Feel free to contact me anytime you
have a real estate question you need an answer to.
