You can start asking for referrals to a good realtor in your area. Sit down with them let them know what your needs are and your wish list. They can put you on their website so you can search around a little see what you can get for the money. Maybe go some open houses. Then once you are pre-approved you truly ready to start looking. You can receive instant alerts when something comes on the market with your search criteria. You let the realtor know what you like. They will make appts. to go look at the homes. Which is a lot quicker and easier than waiting for open houses. Hope that helps.
The first thing you should do is talk to a lender (like me) about the No Money Down USDA Mortgage since Kalispell, MT is an eligible area.
One of the best things about the USDA program is the monthly mortgage insurance is substantially cheaper than FHA or conventional options.
For example: On an FHA loan of $150,000, the MMI (monthly mortgage insurance) would add $168.75 to your monthly payment but on a USDA mortgage it would only add $62.50!
The other nice thing is USDA will actually allow you to roll in your closing costs as long as the appraised value supports it.
Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.
Please feel free to contact me for more information or help.
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
(Community Action Partnership of Northwest Montana)
Here is the info: Instructor: Claudine Johnson
A great program for new and experienced home buyers.
This is the right place to get facts, gain knowledge, and
become empowered to take charge of the home buying
process. Find out the advantages and disadvantages of
homeownership. Discuss credit, types of loans, budgeting
and the steps to apply for a mortgage. Learn about ID
theft and how to protect you and your family. Find out
about basic lending programs that may best fit you, and
how to interview the professional youâ€™re hiring to navigate
you safely through this process. Presented in partnership
with NeighborWorksÂ® Montana, U.S. Department of
Housing and Urban Development, and Montana Board
of Housing. This class is required for Mutual Self-Help
Housing, USDA Rural Development, Glacier Affordable
Housing Foundation, Northwest Montana Community
Land Trust, Inc., Habitat for Humanity, and Whitefish
Housing Authority. The fee listed is per household. Note:
Saturday classes are one day only; the November class
meets two Monday evenings - location to be announced.
A) Saturday Sep 24 9 a.m.-5 p.m. $30
B) Saturday Oct 22 9 a.m.-5 p.m. $30
C) Mondays Nov 7 & Nov 14 5-9 p.m. $30
FIN 1011A, B, C AT Bldg Rm 202
That is my guide to First Time Home Buying - good luck!!
Steve Dooling, Broker
Trails West Real Estate