Most lender preapprovals---which requires the pulling of your credit report and verifying necessary income, assets, and employment documentation---- have a shelf life of 90 days. I would start the ball rolling within that time frame. If it takes longer than 30 days to find and close on your new home within that time frame, the lender will just need updated pay stubs and banks statements. Your credit will not need to be pulled again until after 90 days.
You should have a pre approval before you start your home search. A pre approval can be delivered in one quick phone call.
Please call me at your earliest convenience. I will be more than happy to assist you with obtaining a pre-approval and your home search.
Better Homes and Gardens Rand Realty
917 597 5690
Most agents will and should work only with pre approved buyers because if it is not very clear what the banks will lend you then alot of time can be wasted by all parties involved. I like to maximize my time with clients so you can really enjoy the process and not spin wheels. The banks change their lending guidelines regularly, especially in these current times. So what may work this work may not next week.
You are allowed a certain amount of inquiries when buying a home and a pre approval is usually good for 60-90 days.
Licensed Associate Broker
Acredited Buyer Representative
Legends Realty Group
The credit report only takes a hit if you run it multiple times a year. I recommend you get a conditional commitment done now. If you do you may make the $8000 tax credit deadline of April 30th.
Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville
914 714 2738
You are not punished for shopping for a loan typically on your credit report.
Of course if you know your credit score and/or have a copy of your credit report, one can work with that as well.