Ready To Buy A Home?

Buying a home can be complicated, but it heklps to be prepared for the process in advance. Before starting to seriously shop for a home, consider the following one-year timeline that’ll help you arrange your finances. The more time you give yourself for that process, the better.

Get Your Credit Reports

If there are errors on your reports, you will pay a higher interest rate on your mortgage. You might have issues getting a loan. The three major credit bureus (Equifax, Experian, and TransUnion) offer free reports from AnnualCreditReport.com. Scan for suspicious activity, collection accounts for debts you don’t owe, and negative marks.

Obtain Your FICO Credit Score

Your credit scores are three-digit numbers used to measure your creditworthiness. They help determine the rates and terms of your loan.

Research Homeownership Costs

Remember that homeownership not only includes your mortgage, it also involves property taxes, home insurance, and perhaps homeowners or condo-association fees. You might face higher utility bills, maintenance, and repair costs, too.

Hire Founders Real Estate Group

Your expert real estate agent from Founders Real Estate Group will guide you through the rest of the process. We will assist you in getting pre-approved for the right loan and help you find your dream home.

Get Pre-Approved For A Mortgage

Pre-approval, in which a lender gives a commitment to make you a loan, is different and more valuable to sellers than pre-qualifican, which gives you just an idea of an affordable mortgage amount without any commitment.