Q: I'm a first-time home buyer. I feel so lost! What is my first step to buying a home?
A: Buying your first home can be very exciting, but also confusing and daunting! You're very first step in purchasing a home will be to contact a lender to get prequalified. It's very easy and takes little time. They will ask you some questions about your finances and let you know how much you qualify for. They will let you know the price range you should look in and give you an idea of what your payments will be. The lender will also give you a letter, so that your Realtor can show sellers you are a serious and qualified buyer!
This will help save you a lot of time and effort, because you will have a better idea of what you can afford before starting your home search. It's heartbreaking to fall in love with a home only to learn that you cannot afford it. On the other hand, you may not realize you can afford more than you think! The lender will also let you know what information and documents you should start gathering, so when you are ready to purchase it will be an easier process all around!
Get Prequalified By a Recommended Lender Today!
Click the link below to take the first step toward purchasing your new home! Getting prequalified is crucial to your home search. I highly recommend Mariem Bennett for all your home loan needs!
You can speak with any bank or lender about getting prequalified. For a full list of recommendations of some great lenders I have worked with in the past, please email me at firstname.lastname@example.org.
I hope this has been informative for you. Feel free to comment or ask me a question below! I hope to help guide you through this exciting process!