Buying a home should not be a difficult process, however many first time buyers, or even people who have a bought a home before do not know exactly where to start. The absolute best place to start the home buying process, is to speak with a knowledgeable lender.
The lender will ask questions and determine the outcome based on income, credit score, debt etc. You will then be provided with a pre-qualification letter (pre, because it is a preliminary document until the bank does further investigation of you). You are now ready to meet with your agent and see homes!
Don’t make ANY late payments on ANYTHING. Any bill you may have may report to the credit bureaus. This could seriously effect your chance of being approved for a mortgage.
REMEMBER - It's ALWAYS best to speak with your lender in regards to anything financial.
Call Dave Sulvetta Re/Max Connection to start your home search! 856.889.8163 or email me at Dave@DaveSulvetta.com