To begin your search Contact Kathy at:
Phone: (850) 729-2098 or (850) 830-9928 ( C )
Email: kauwell@aol.com
Please Contact J&J REALTY@BLUEWATERBAY, INC. for an initial consultation
STEPS TO PURCHASING A HOME WHEN USING A MORTGAGE
J&J Realty@Bluewaterbay, Inc.
4400 Hwy 20, Suite 314 - Niceville, FL 32578
kauwell@aol.com
C: (850) 830-9928
The most important steps in purchasing a home is knowing how much home you can afford and what type of loan is best to meet your financial needs such as a conventional, FHA or VA loan.
As your Realtor I will contact local lenders to find the best lender(s) which will meet your needs; provide the best interest rate; the lowest fees; and a smooth and professional experience. Not all lenders are created equal and many do not charge the same fees or offer the same interest rates.
Once you have decided which lender you want to use, they will Pre-qualify you. To do this, they will pull your credit report and obtain your credit score. Now we know what price range to concentrate on. In addition, being Pre-Qualified, puts you in control by knowing your limits when negotiating a contract and Sellers see you as a serious Buyer!
Now that you’re Pre-Qualified the next step is to start the loan process. You will be required to fill out a loan application form and sign a set of disclosures in order to initiate the mortgage process. The lender will ask you to provide many required financial documents. It’s imperative you provide the lender all documents as quickly as possible. Due to Federal time constraints failing to do so can delay the closing.
If you are packing up and moving make sure you have in your possession the following documents. These are the major documents the lender may ask for. However, they may ask for additional documents depending on your particular situation.