Are You Thinking Of Buying A Home?
Once you have decided that you would like to start the process of buying a home the first step is to be prepared.
- Set a budget
- Decide how much you can afford
- Plan for a down payment
- Start the process of finding a mortgage
To get approved for a mortgage you will want to meet with a mortgage broker or lender and have them access your credit report and look at your finances in order to determine if you are able to get a loan to purchase a home. Once this process is done and you are approved your lender will give you a pre-approval letter.
A few things to have ready to give your mortgage broker/lender
- Current bank statements
- Pay stubs
- Tax returns
- Other financial documents
Once you are prepared with your mortgage and how much you can afford to pay for a home then it is time to start your house hunting search.
How do you find the right home?
It is important to find a real estate agent that understand what you are looking for, knows the area and can help step you through the process of buying a home.
When you are ready to start your home buying search Keith Petersen is here to help 541-815-0906. You can also browse all Central Oregon homes online at www.isellsunriver.com