Buying a home—especially your first home—can be exciting and scary too. It is important as a buyer that you establish some kind of financing before you make any serious home offer, so you should receive pre-approval before beginning their home search.
The pre-approval process allows lenders to take a look at your finances and credit history in order to make a general assumption about your loan amount. Being pre-approved is beneficial because you will know your home-buying budget and save valuable time during the search process.
In order to get pre-approved for a loan, you need to contact a lender. Your Advance Realty Direct real estate agent can help you help you find a lender that you feel comfortable with and that offers programs best-suited to your needs.
Need help starting the home loan process in the Baltimore, MD area? Contact us for more information today.