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Aaron Wilson's Blog

By Aaron Wilson | Agent in Tahoe City, CA

Lending is Paramount!

Figuring out the money, how the lending is going to work, what you can afford now and down the road, is the most important step in the home buying process besides actually buying a home!  
Talking with a lender(s) will paint you a picture of what your buying power is right now and what it will be 6, 12, 18 months from now.  Knowing what you have for a down payment, what kind of rate you'll get, how much someone will lend to you, what your closing costs will be, an estimate of what your monthly mortgage will be answers a lot of questions now that will come up as soon as you start looking at houses.
Even if you know you're not ready to buy now, getting started with the lending process will give you a road map, an outline that will help prepare you for eventually buying a house.  Maybe you need to save more money and build credit, maybe you need to get a co signer, maybe you just need to work at the same place for another year, etc.  Figuring this out now is setting yourself up for success later. 


Aaron Wilson Realty

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