loan your credit score will come in, and you may have to contact several lenders, and then it depends
much also on the reason for your score, your income, savings and other responsibilities you have
like outstanding credit card balances, car payments etc.
Sit down with several loan officers and see what your options are, as all of your financials and income
will come in place, not only whether you will get a loan, but also how much you can borrow, i.e.
what the purchase price of homes you can consider to buy would be.
So go step by step...... First find out if you get the loan (and you may have to pay points!), and how
much down payment you have liquid, and how much you can borrow, which then influences the
price and type of property you can look at with a Realtor.
Make sure that you get a pre-approval letter from a lender and I wish you good luck
Hope some of this information will be helpful to you.... And please do not look for a home on your
own make use of a local experienced Realtor to guide you through the entire process!!!!!!!
Their service is free as they usually are paid by the seller's side at the closing if you buy a property
listed in the multiple listing service by a Realtor/Brokerage.... Make sure you select a REaltor who
fully understands your situation and your needs AND PLEASE BE COMMITTED TO ONLY ONE
Realtor/Buyers Agent who then in turn will be fully committed to YOU.
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE ïŠ
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties, 30 Green Bay Rd, Winnetka, Illinois 60093 ---- EdithDoesItRight@yahoo.com or EdithSellsHomes@gmail.com Check out my website at htttp://www.tinyurl.com/MeetEdithHere
get to know me better and learn about my experience, expertise, services available and letters of recommendation of former clients..... Also you can sign up on my site to search for properties in my expanded service area. HAVE THE MOST WONDERFUL DAY :)