Step 1 Getting Pre Approved

Getting pre-approved is the 1st step in the home buying process. It is also one of the most important steps. Regardless of when you plan on buying a home, whether it is in 3 months, 6 months or even a year it is important to speak with a lender as soon as possible. Doing this will accomplish several things for you. It will give you an idea of what your mortgage payment will be, what purchase price you qualify for and how much closing costs you will need to pay to obtain the mortgage. While you are meeting with the lender they will go over your credit, income, debts, and employment. If there is a need for credit repair or debt pay down the lender can assist you with where to focus your efforts to get the maximum result. If any work needs to be done on your credit or debt doing it in advance will allow you plenty of time to address any issues. This is why it is important to meet with a lender as soon as possible. Please watch our video below for more information and as always feel free to contact us with any questions.