Once upon a time buyers first found their dream home and then went in search of a mortgage. Today things have changed. The market is more competitive, and buyers who arrange their financing first have a distinct advantage.
How much home can you afford? There are several loan programs available, and depending on your credit history, there is bound to be one that is perfect for you!
One of the very first things to do when you are going to purchase a home is determine the price range and payment you can afford.
Talk to several reputable lenders
Click to view a list of lenders we rely on, or search on your own and see who seems most responsive and eager to help you. Keep in mind that there are all kinds of mortgages available with different rates and features. A mortgage broker will help you to navigate through the options.
Get pre-approved for a mortgage
Unlike pre-qualification, which is simply a quick estimate of your borrowing potential, pre-approval is a formal approval of a specific mortgage amount typically the maximum you can borrow. The further down the mortgage approval road you are, the better position you're in for your home search and the more appealing you will look in the eyes of the Seller.
Shop with confidence
Once you're pre-approved, you'll know exactly how much house you can afford. This will give you an edge over other buyers in multiple-offer or negotiating situations.
Find The Ideal Mortgage for YOU!