The risk to waiting before talking with a lender is that our real estate prices are increasing. The sooner you know your buying power the better.
Have an amazing day!
The information you've posted sounds very good for qualifying for a mortgage. Again, talk with several lenders to be sure you are on track to get quick results when you need them.
Basic real estate mortgage information at http://julianalee.com/reinfo/mortgage.htm
Top 2 agent nationwide at Keller Williams Realty
Over 30 years experience
Over 1,000 home sales completed in Santa Clara and San Mateo Counties
If you are using FHA financing, then even using non-traditional trade lines (such as rent, utilities, etc.) can be used to meet requirements.
However with your excellent credit scores and down payment amount I'd recommend you look into conventional financing. Either 1 loan at 85% loan-to-value or an 80% 1st mortgage + a 5% 2nd mortgage - called an 80/5/15 (80% 1st/5% 2nd/15% down) program. There are even 80/10/10 programs available too. Another good option would be VA financing if either you or your husband are eligible veterans.
Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
With the good credit history you have, along with employment history and how much you are putting down is a plus.
Just an example, i have a program where I am able to fund loans for clients with no credit score and no credit tradelines.
you can view my site http://www.reloandr.com and look around and some of your questions can be answered there
You have some very strong points such as your high 780 credit score and your 10 year employment history.
I recommend that you talk with Doug Jones, the owner of Mortgage Magic.
Mr. Jones is one of the best lenders available.
Mr. Jones has been a lender for over 40 years and has a great deal of experience with this issue.
You may reach Mr. Jones at his cell phone: (408) 209-6773.
I also recommend that you go to Mr. Jones website at http://www.mortgagemagic.com
Charles Butterfield MBA
Real Estate Broker/REALTOR
Cell Phone: (408)509-6218
Email Address: firstname.lastname@example.org
This is something we might be able to do as a Direct Lender and we service 50% of our loans so we can make various exceptions.
Just contact me to go over or you can fill out an app online at http://www.relaondr.com and I will work on getting you pre-approved.
Look forward to hearing from you.
We have loan programs where we do loans with no credit score and use alternative trade lines.
Michael R DIaz 380048
Look at Randy Roberts profile he has 100s of spam comments left on blogs. This company uses companies overseas to create fake profiles to leave comments all over the internet to promote their company. They are a mortgage lead company that wants to sale your information to mortgage lenders and brokers.