Do you shop without knowing how much money you have in your wallet?
Well, Recently I've run into a few people claiming they have been hunting for a home for over a year without being qualified for a loan! Remember that financing is one of the most important components of purchasing a home. The first step is to determine the strength of your FICO score. If your score is below a 640 (higher for conventional loans) you’ll need to take certain steps to raise it. This could take months in itself, so it is a good idea to have it run immediately by a mortgage broker. The next step is to determine how much of a down payment you would like to put down, AND finally how much you are comfortable spending monthly. Once all these steps are complete we can HUNT with confidence!! I can help you with this process free of charge!