It sounds like you have not gotten your pre-approval yet. It is always best to pay off outstanding debt so your overall numbers look better. Not knowing exactly what kind of debt your are referring to it is impossible to give you precise advice.
One of the things that agree with one of the brokers advised you is to take on a mortgage that makes sense to you. Even if you qualify for larger loan, make sure your monthly payments will be in line with the rest of your financial goals.
If you what to know exactly what you need to do in the next three to six months contact Mary Laurent at guaranteed Rate at 773-516-6859. Mary will work you until your credit and debt are at their best so you can get the lowest interest rate possible. She isnâ€™t about trying to push a load through. If it takes 6 months or even a year if you are working hard with her she will dedicate herself to you.
Best of luck,
Manuel Brown, Broker
Feel free to call and I would be happy to talk specifics and refer you to the right lender.
RE Marketing Consultants, Inc.
It is simple, any good lender will be able to tell you what to do and what not to do (like by a new car etc.), try to save money for the down payment and potential repairs, and improve your credit rating
if possible, and yes pay off debts as best as you can.... So if you want to buy in the Spring, first clear
up your financials, discuss what you need to do with a reputable lender, and if need be
DELAY BUYING FOR A LITTLE, and do NOT under no circumstances overreach.... Buy what you truly can afford and you feel comfortable with..... have the lender calculate exactly what you will owe every month and have your Realtor (do work with a buyers agent!!!!!)
if you do not understand why, e-mail me and I will clear it up for you in much detail put in front of you
what the maintenance of the home, including insurance and potential future repairs may cost you.
Be careful and go slowly.... its good advice.
If you need a recommendation for a good local Realtor familiar with the area you want to buy in
let me know...
Good Luck to you ....
Working always in the very BEST interest of her clients
@Properties Relocation and worldwide Services
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Free Market Evaluations & daily new listings for Buyers/Investors
Do you know what your credit score is? I can put you in touch with some great lenders to talk to. You want to get your pre-approval in writing before you really start looking at places. You need the pre-approval before to can make an offer on a place.
Feel free to schedule a meeting with me to discuss the process.
Al the best,