Are you now thinking of buying a first home or a move-up home? While you are thinking, there is one important thing to do now: Get a Pre-Approval from a professional Mortgage Loan Originator. Why?
- So you know how large of a loan you can get before you look at any homes.
- You can clear up any problems on your credit report. There could be some even in the best of homes.
- If you make an offer, the sellers and agents will know you are serious and will probably have no problem getting financing.
- Is it easy? No, so start now, particularly anyone self-employed, with seasonal or erratic income, rental property owners, etc., etc., etc. Yes, there is some work involved. Do it now, or do it under pressure later; your choice.
courtesy of: http://www.DuaneGomer.com
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