Your first step in buying a home (unless you are buying with cash) is to know what you can afford when it comes to down-payment, closing costs, and a monthly mortgage payment. The best way to do that is to find a lender and get pre-approved. We can help you find a great lender and get you headed in the right direction to get pre-approved.
All lenders and mortgage companies aren’t the same. Who your pre-approval is with can make a huge difference for the success of your offer. You also want a lender who will be with you every step of the way and provide excellent service. Your lender should be a trusted consultant who will help you figure out the ‘money’ part of buying a home, and help you make the best financial decisions for you.
The lenders that we recommend have these qualities, which we generally believe to be in the best interest of our buyers. You don’t have to use our lenders, but if you are using someone you find, be sure they also share these qualities:
Want an industry secret? All lenders have access to the same ‘rates’. They are all playing in the same sandbox, and are just packaging it differently for the consumer. They have rates, buy-down points, fees and other terms that they can combine to give the appearance of a lower rate. You may get a ‘lower rate’ but be charged more fees at closing to get it. Our advice is to stick with a lender who will provide excellent counsel and service, vs shopping rates.
We have some of the best mortgage professionals in our referral network. We don’t make any money or have an interest in promoting certain lenders, other than to know that our buyer clients are well taken care of. Take the guesswork out of it and let us connect you with one of our trusted lenders.