Should I find a house or a lender first?
Hey Everyone it's Darren Copeland, Your Mortgage Expert.One of the questions we run into is...Should we find a House or a Lender first.The answer is.....always find your Lender and get Approved first. I'm not saying that just because we're your Mortgage Banker.I'm saying this because it will help you avoid any surprises and disappointment in the future. Plus, if you're working with a good Realtor they will tell you the same thing.There's a few reasons for this:
1.We need to make sure your credit is good enough to qualify
2.We'll calculate your debt to income ratios so you know exactly how much you can afford
3.We can chat about the different mortgage programs such as FHA, VA, USDA, and Conventional.
4.Finally, we can issue you the Pre-Approval letter so that the Realtors will be happy to show you any home that fits your criteria. Thank you for watching this video. Be sure to call us or email with any questions and we look forward to working with you.
To get Pre-Approved right now follow this link:http://www.kcloantips.com/application
Mortgage consultant Darren Copeland and his experienced home loan team are committed to educating home buyers about home loans, purchasing a new home, refinancing and credit repair. LeaderOne Financial has helped home owners choose the best home loan program, from FHA, VA, USDA, and Conventional loans along with Reverse Mortgages and Refinancing Darren will make sure you receive the most affordable home loan rate in Lees Summit and has been doing it for over 8 years.