Your lease renewal is coming up and you have decided you are tired of paying someone else's mortgage and the time has come to buy your first home. Whether it is a studio, condo or single family the first step in the home buying process is to get pre-approved. While it is oh so very tempting to just log onto the computer and fill out a form online I strongly advise in finding a local reputable mortgage company and a loan officer who spends time with you.
It is important that the loan officer pulls your credit and reviews your taxes and pay-stubs. They should take the time to explain how the mortgage process works, and review closing costs and escrow accounts with you. Your loan officer should make themselves available to you to run numbers with you on houses that interest you. Feeling comfortable with your monthly mortgage payment is VERY important and it should be foremost in the mind of you, your Realtor and your loan officer.
If you are ready to start looking at homes and need a recommendation for a loan officer, please feel free to reach out to me directly. I would be happy to provide you with some names.