What is the first step in buying a home? Real estate experts agree that long before you pursue listings or check out open houses, you should talk to a lender about getting pre-qualified for a mortgage.
Talk to a local, reputable mortgage company to find out what purchase amount and size of down-paymenbt you qualify for.
Although figuring out financing might not sound like the most exciting way to embark on your house hunt, it is essential! Unless you have enough cash lying around to buy a house outright—and let’s face it, few do – you will need a loan. And lenders don’t just hand out loans to everyone who walks in their door. Rather, they will need to review your financial history and credit to determine how much money they are willing to fork over. Contact us today for a local recommendation!