Find a Home First? Get a Loan First? – What Should I Do?
Buying a home is one of the biggest decisions you will make. There are so many details to think about and you have a lot on your mind! The first thing you need to do is find the home of your dreams, and then work out the details, right?
Actually, there is a better way to do things.
If you work with a mortgage lender and obtain a pre-qualification for your mortgage first, it will make every step of the home buying process that much easier. Why?
- You Know What You Can Afford – The worst thing that could happen is to fall in love with a home and then find out you can’t afford it! If you are pre-qualified ahead of time, you can limit your search to homes in your price range.
- Your Offer is Seen as More Serious – If the seller receives several competing offers, an offer backed by a buyer who has a pre-qualification will be taken more seriously and is more likely to get the deal.
- Closing May Be Faster – Once you’ve chosen your home, you want to close and get in that house, right? With pre-qualification, closing is usually faster and smoother.
While working with a lender from the get-go is ideal, we know that real life doesn’t always work that way. Even if you’ve already fallen in love with a home, don’t worry—Liberty Financial can help get you qualified quickly.
While there are a lot of things to think about when buying a new home, the process is actually smoother and simpler than you think—if you work with an expert. Liberty Financial will help you every step of the way. Call or contact us today and let’s get started getting you qualified for the home of your dreams.