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Showing posts from February 22, 2020

First Time Home Buyer

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Purchasing a home can be an intimidating process, but with the proper guidance, you can accomplish your goals. Luckily there are several outlets that you can go to help you. A local realtor/real estate agent or a loan officer is the best place to start.
Get Pre-Approved or Pre-Qualified
Go into the process with confidence. Get Pre-Qualified or Pre-Approved before you start looking at houses. Sellers do not entertain offers from buyers who do not show that they have the means to purchase.Your loan officer will guide you through the loan process by informing you of the different ways to purchase a home, the different types of home loans and which is right for you.The amount that you will bePre-qualified or Pre-Approved for, is based on your monthly income minus your monthly obligations such as monthly car payment, utility bills, food, student loans, other monthly payments obligations, and savings for downpayment and closing costs.
Work with a realtor to find your home
Your realtor will …