Getting an idea as to the price of the home you can afford is an important first step in the home buying process.
By understanding the price range you can afford, you can look for real estate in the appropriate areas and really find the ideal home for you.
As your Real Estate Consultant, together we can determine what price home for you would be. I'm sure you already have a good idea, but below you will find some helpful information to help you get a better real estate price point.
Loan prequalification
Getting pre-qualified for a loan can help you determine what you can afford, and save you time when you find that perfect house.
Did you know that a "Loan Status Report" is required when submitting an Arizona Residential Contract?
This is why most realtors will not even show you homes unless you are pre-qualified.
Most Mortgage Brokers can evaluate your information in minutes. Things such as your credit history, your income, your outstanding debt, monthly expenses, employment history, the type of mortgage you want, and the amount of savings you have can all impact on how much real estate you can afford.
Click on the "My Preferred Mortgage Brokers" I suggest you call at least two so you will have comparisons. I know these loan officers personally, and am confident they will treat you with respect and professionalism.