The most important thing for you to do before you get serious about buying a new home is to find out what you qualify to buy. Getting pre-approved is relatively easy, with no obligation and is normally free.
You will need to call a mortgage broker or lender and complete a loan application where you will provide basic financial information and employment status. The lender will verify this information and then provide you with a pre-approval letter stating the dollar amount for which you qualify. To be recognized as a serious potential buyer, you must be pre-approved for a mortgage.
A pre-approval will provide you the leverage needed to make an offer on a new home. Our experience in this business has provided us with abundant knowledge of the mortgage business, so don't hesitate to call us with any questions about this process.
If you need a referral, please call us at 281-347-2200 for a list of some of our preferred lenders.