Houses for Sale Gladstone MO
If you're looking for a new home or perhaps you're just looking to find a better interest rate by refinancing because you've heard that interest rates are still low - and it's true they are still relatively low. (I remember my folks refinancing to a 14% interest rate?! doesn't that seem crazy with rates like what we're seeing these days?!) With the market returning and good things going on in housing, it's definitely time to buy a home or refinance. When you are looking for Houses for Sale Gladstone MO, there are some things you need to know.
1. Preapproval is a great negotiating tactic!
When you're sitting at the negotiations table and you know there are other people trying to get your dream home from you. Knowing that you're preapproved for the amount of the home can make you the winning negotiator! Buying a home is a long process and knowing exactly how much you can afford to borrow to purchase a home is great and that's what the preapproval process does for you. We calculate (based on some documents you provide to us - IE W2's, pay check stubs, bills and your credit report.) Getting preapproved is also very easy! All you have to do is go to our safe and secure website - KC Loan tips Preapproval - or you can call us (816)268-4025 and we can do it over the phone!
2. Don't be in a hurry.
The Home Loan process standard time is usually about 30 days. So once you've found your dream home don't start packing up your stuff immediately, just know that we've got a long process to work through; there's gathering your documents, and getting them processed and even after they are processed there's underwriting. So there's a quite a lot of stuff we're working through on the back side of things. If you're looking for a Houses for sale Gladstone MO, you can check our website out for more helpful information on what these terms mean - KC Loan Tips
3. Your Lender loves your questions.
Whether you're already looking for Houses for sale Gladstone MO or you're just thinking about calling a lender to get preapproved for a home loan. You need to know that a lender that you like and trust should always be someone with a team who can answer your questions and is willing to discuss your options with you or someone who will personally answer your questions! They shouldn't mind helping to educate you and help you understand the process of a home loan!