Buying a Home Can Be Fun.

By
Real Estate Broker/Owner with PrimeSouth Properties

One of the arguably most “fun” parts about buying a home is getting a mortgage. However, it’s easier to learn from others’ mistakes than from making your own. So, here are some ways you can learn from other people’s mortgage mistakes:

1. Meet with at least 3 mortgage lenders. For better or worse, many people stick with the first lender they meet. This means they could be missing out on lower rates or offers that better fit their situation.

2. Get pre-approved. Pre-qualifications only touch the surface of your ability to get a loan. By getting pre-approved, you’re not only getting a better idea of what you’re able to afford, you’re also communicating to a seller and their agent that you’re serious.

3. Stay in the job you’re in. Most lenders like to see consistent income histories when approving a loan so, if you’re contemplating a job change, try and wait until you’ve closed on your house.

Would you like to hear more tips like these?  Check out the other 7 at

 7 more tips for buyers

 

I’m happy to share more about what I know, as well as introduce you to some of the lenders my buyer clients have successfully worked with in the past.

 

Give me a call at (850) 517-7098 if you’d like more info.

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Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

and hopefully for all of us the jobs will stay there for the buyers!  I like being in DC w/ lots of federal employees right now

Mar 20, 2020 05:52 AM #1
Rainmaker
846,793
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Pre-approval is a MUST.  I could not stress this enough but all are great points.  Thanks for sharing.  Hope that you have a wonderful weekend!

Mar 20, 2020 06:14 AM #2
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Rainmaker
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Peter Mohylsky, The Beach is closed but I am open.

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