Best Answer: find a real-estate agent!! no worries she works for you for free. if you have a solid credit history along with a good down payment then your choices are unlimited in terms of loan companies. If your credit is a bit shaky you might want to go with an FHA loan which is still really good.
The answer is simple, getting pre-approved for a mortgage! There are many buyers out there who don’t understand why it’s important to get a pre-approval. In fact, many of them believe they don’t need a mortgage pre-approval before looking at homes.
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Pre-qualification for a home loan determines your ability to repay the loan based on information you provide. If you’re simply gauging your options, getting pre-qualified for a mortgage is a good first step. It doesn’t guarantee approval for a loan – it’s simply an idea of the mortgage amount you might qualify for. How Do I Get Pre.
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Bankrate.com provides a FREE mortgage qualifier calculator and other mortgage qualifier calculators to help consumers figure out how much money they can borrow.
Complete a mortgage application. Get the ball rolling by asking a lender that has prequalified you for a mortgage application so you can be pre-approved. Each application is different, but they generally will ask for information about the property you are looking to buy and your financial background.
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How to Qualify for a Mortgage with Bad Credit. Your credit history is one of the most important details lenders consider when approving you for a mortgage. bad credit or a low credit score will compromise your ability to get a mortgage, as.