FINDING A MORTGAGE LENDER IS ONE OF THE FIRST AND MOST IMPORTANT STEPS IN THE HOME BUYING PROCESS
Have you been in touch with a lender for your home search? Since our market moves so quickly, we recommend confirming your financial details at the beginning of your home search.
A good lender will help you to determine:
- The purchase price you are approved for
- Your exact monthly payment, including loan payment, interest, taxes, and insurance
- The type of loan and down payment that are best for you
- The lowest rate that you can secure
- Your Pre-Approval Letter details, which you‘ll need in order to submit an offer!
We have preferred lenders that we work with frequently that we would be happy to connect you with to with to begin the pre-approval process. I would encourage you to have an open conversation letting them know that you are looking for the best loan program and rate that meets your needs. You should feel free to discuss the rates that each lender is offering you to create a little healthy competition.
With a pre-approval letter in hand you will have confirmation of your price range and your monthly payment, plus, when you’re ready to submit an offer, you’ll already have the details you need to move quickly in this fast-paced market!
If you have any questions about the pre-approval process or would like me to introduce you directly to the lenders ‘book a consultation’ above!
