Disclaimer: Although these tools will help you become a more informed borrower, there are so many variables involved in financing a home that I highly recommend that you compare Good Faith Estimates from at least two lenders (and, of course, ultimately get pre-approved!). Contact me for additional lender recommendations.
First Things First . . . Becoming Pre-Approved
The single most important step on the road to home-ownership is to obtain financing. By establishing yourself with a lender from the start, you’ll know exactly what price of home you can comfortably afford. Obtaining a Pre-Approval Letter places you in the drivers seat. When your REALTOR® presents your offer to purchase, the seller will know that you are financially qualified and that you’re serious about buying the property, ultimately giving your offer more weight.
Selecting a reputable lender is crucial. Credit history, type of loan, and purchase price are all factors that determine the rate you’ll be offered by your mortgage lender. Because there are so many financing options available, it’s wise to obtain Good Faith Estimates from more than one lender. I’ll be happy to meet with you to help you evaluate your financing options and provide specific recommendations based on your unique financing requirements. Give yourself the advantage and get an early start.
Mortgage Financing & Links
