Your First Step When Searching For Home

By
Real Estate Agent with www.ExploreBeaufortRealEstate.com (Ballenger Realty) 27941

Finding the right lender

As you begin your search for that perfect home, the best advise I can give you is to contact a professional lender immediately about getting qualified for a mortgage.
 
This is important for several reasons. 
 
1)Just about all sellers these days will not consider an offer without a prequalification letter which says the buyer is able to obtain a loan for the property.
 
2) Secondly, until you fill out a loan application (which takes just a few minutes) with a lender, it is difficult to say how much of a mortgage you qualify for.
 
3) You may qualify for a government-backed program (VA, Rural Development, FHA) which offers opportunities to buy a home with little or more money down.
 
If you don't have a lender in mind, your Realtor will have several professional, low-pressure lenders who would be happy to provide this information to you.
 
 
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
South Carolina Beaufort County Beaufort
Groups:
Realtors®

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
656,621
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Never go shopping without knowing what's in your wallet, right?  Great advice that you've effectively put together.  No arguments here -- meet with a lender and THEN meet with your buyer's agent!

Nov 16, 2014 08:48 PM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
152,305

Keith Strawn

www.ExploreBeaufortRealEstate.com
Email me your Beaufort, SC Real Estate Questions
*
*
*
*
Spam prevention