Select a lender from the list the Realtor can provide you. These are generally people the Realtor has had experience with and knows they are dedicated to getting you to the closing table.
Once you have talked with the lender, you will know the amount you are able to spend and you and your Realtor will be ready to go shopping!
These days your "pre-approval letter" from your lender has to be supplied with your offer, so that is why you need to get your lending settled first. While you are working on that, your Realtor can be sending you selections of homes that fit your wish list. This helps prepare you for shopping - you can see what your dollar amount is able to buy you.
Remember - finding your new home is a process. Everything takes time, so be patient. Most lending takes a minimum of 45 days now and there are many programs so be sure to find the one that will give you the biggest bang for your buck.
I would be happy to help you in this process. As it says on my business card - IT IS MY PLEASURE TO BE YOUR AGENT OF CHOICE!
Sanda Andrews, Century 21 At Your Service Realty (the ONLY Century 21 office IN Polk county!)
863-585-9610 or Sanda.Andrews@Century21.com
Best way to start is to review these loan programs and call me.
100% LTV- VA
100% LTV- USDA
99% LTV- FHA/580 score @ lower LTV
97% LTV- NO PMI
97% LTV- CONDO- NO PMI
90% LTV- 2nd Home- NO PMI
90% LTV- JUMBO- NO PMI
85% LTV- Super Jumbo- NO PMI
80% LTV- Invest. /Rental
80% LTV- Foreign Nationals
70% LTV- Manf. Homes over 90k
STATED INCOME ALT-up to Super Jumbo
90% LTV- Short Sale, BK, Foreclosure Forgiveness
80% LTV- FIX nâ€™ FLIP Invest. Prop.
75% LTV- Foreign Nationals
70% LTV- Soft and Hard Money
Pro Option Mortgage/ Florida
Ph: 888 662 4404
Prior Service: U.S. MARINE CORPS
Speak with a loan officer/ mortgage professional to find out how much you qualify for. Once you know how much you can qualify for, decide on what price point you are comfortable with. At that point, contact a local REALTOR, or if you prefer, I can help you locate one in your area. Your REALTOR will be able to guide you through the entire home purchase process.
The agent will go over the process with you.