But first, Choose a Lender
The FIRST step in buying a home is getting prequalified. This means you contact (preferably a local) lender, If your not sure who to use, ask your me! You don’t know what price range you need to look at until you’ve spoken with a lender which is why this is Reason #1.
We have a list of lenders that we have developed relationships, built trust with and have your best interest at heart. Have someone in mind, we’re happy to contact them so we’re all on the same page. See, it’s getting easier already, we’ve done the work for you. Now all you have to do is see which lender you feel most comfortable; knowledgeable, understanding, real, “”they get me””. The lender will then ask for you to provide W-2’s, tax info and a few other items. All can be done via email. How simple!
Check Lender Rates
Mortgage interest rates are based off of the prime rate (the amount the Federal Reserve charges to banks). You’re probably not going to find a huge difference in the rate you’ll pay from one lender to another.
Ultimately, it comes down to your convenience, knowledge, trust and personality of the local mortgage loan officer you contact.
Ryan Schulte with Tucker Mortgage
By Diana Weber, talktotucker.com/diana.weber