10 Things You Need to Know Before Getting a Mortgage

Make Sure You Are Ready

While it may be exciting and tempting to check out homes for sale, you should wait until you’ve met with a mortgage lender. This can help you determine what you need to do in order to be completely ready to purchase a home and will give you an idea of your price range. Your pre-approval amount can help realtors find the right homes to show you.

If you shop for a home before you shop for a mortgage you may end up disappointed. If you pick out a dream house with a high price tag that is out of your budget it will be frustrating to have to go back out and find a lower priced and maybe smaller home instead. Knowing what you qualify for first, is always a better bet.

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