We know how it goes ….
You are anxious to get started on the hunt for a new house,
right? How exciting is this time in your
life when you get to make dreams a reality and take that first step to becoming
a homeowner? That step of house
hunting? It is so much fun.
But wait, what if I told you that house hunting is not only not the first step; it’s not even the
most important step in your journey toward home ownership?
That’s right. Unless
you plan to pay cash for your new home, the first thing you need to consider
is, “how much can I afford?” This is the
big question and it’s not the same as “how much do I qualify for?” But both
figures are figures that need to be narrowed down. Knowing these important numbers is the most
important and first step toward the
home buying process. Not having this
knowledge is like going to the grocery store without your wallet. It doesn’t help you make a purchase!
Before you start shopping for a home, take the time to sit
down with a recommended professional who can guide you through the pre-approval
process. This professional should be
able to clearly explain the loan process, ask the pertinent questions regarding
your personal financial situation and assess your ability to purchase a home. Together with your hired mortgage
professional you should discuss loan options, loan costs as well as turn times
and what to expect. Your loan officer
should be someone who is familiar with all of the loan programs that are
available and know what the guidelines are for those programs. They should be able to adequately explain to
you how your current situation affects your ability to buy, how your credit
effects the interest rates being offered to you and what options you have for
paying closing costs.
Kim Hendry is a seasoned loan officer with the expertise and
drive to make your home buying process a positive and stress-free process. Kim would love the opportunity to compete for
your business. Even if you are only in
the beginning stages and just have questions, Kim is always available to you.
Give her a call today and get started on becoming
pre-approved!
Kim Hendry
Mortgage Loan Consultant
Veritas Funding
NMLS # 288635
CA-DBO 288635
Cell: 801-688-0599
Fax: 801-639-0910
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