Buying a home should not be a complicated process. It should be exciting, not stressful. And this is where we come in.
We always stress the importance of having an initial meeting with a mortgage lending professional a few months before planning to purchase a house. This will eliminate many potential issues that will invariably come up if you are not prepared. Many home buyers make the mistake of signing a contract first and seeing a mortgage lending professional later. But preparation is key! So get your documents in order, review your credit, understand your potential expenses, choose the right program, and get a formal pre-approval to ensure that the process will be much easier. And, who knows, being prepared might even help you secure a better rate.