Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

An informed buyer makes a great client! To make the home buying process easier and avoid falling in love with a home that you can’t afford, you should know exactly how much you can spend before beginning your home search. 

You probably have an idea how much of a loan payment you can afford but will your mortgage company feel the same? When taking into account principal, interest, taxes, insurance, homeowners associations, etc…, numbers can quickly change. It’s always a good idea to be pre-qualified for a loan before starting your home search so that you know exactly what price range you should be looking in and how much of a loan you’ll be able to get. And when you’re ready to make an offer on a home, it also tends to be a good negotiating tool with the sellers.  

When pre-qualified, you’ll find out how much home you can buy, the minimum down payment to be put down, your estimated monthly payment, and more. Even better would be to get pre-approved for a loan from a mortgage lender. When pre-approved, a mortgage lender will have performed the entire process of getting you a loan, as opposed to just reviewing financial information to get you pre-qualified. 

TeamHeidi can help you with your mortgage questions. Just ask us and we will respect your privacy. Your personal information will not be distributed to anyone other than our preferred mortgage broker. We will do this for you free of charge and without obligation.
 

I can help you pre-qualify for your mortgage. It's my job! This is free and without obligation...