HOMEBUYERS : Tips For A Smooth Process

Looking to purchase a home?

As a homebuyer, there are a few things you can do to help ensure the process runs smoothly. Here are my biggest tips for anyone who is starting their journey as a home buyer

1. DON’T BORROW MORE THAN YOU NEED!
Don’t drown in debt – borrow wisely. Borrow an amount that ensures a manageable and comfortable monthly payment for your family and financial circumstances

2. COMPARE LENDERS
Compare lenders to see who the best fit is for YOU. There are notable variations in customer service that can drastically impact your experience with the home buying process

3. SHOP SMART
Various lenders offer different loan packages with different associated fees.

4. DODGE RED FLAGS DURING UNDERWRITING
Postpone large purchases that will create an impact to your credit score during the underwriting process. Large purchases can effect your credit score which could result in a change to how much you qualify to borrow.

5. ALWAYS GET THE HOME INSPECTION
Getting a home inspection can help save you money in the long run. Between the ability to negotiate for credits based on the status of major home aspects (like appliances, roof, etc.) and giving you knowledge about what you need to start saving for to repair and replace in the future, getting a home inspection is always a good call.

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