Before you start looking for your first home, we can help you with understanding where to start.
The Canady Mortgage Team can help you get pre-qualified and on your way to home ownership!
Some realtors require buyers to get pre-approved before even starting to house hunt. A mortgage pre-approval letter can help you narrow your search to find exactly the home you need. It also makes after getting under contract process that much smoother.
Determine how your credit looks.
Will look at your payment history, income, and current debts to determine how likely you are to pay your loan each month. The number value assigned to your “reliability” is known as your credit score and is one of the biggest factors in getting approved for a mortgage.
If you have a credit score below 600, consider delving deeper into your report to make sure it is accurate. Stay current with all monthly payments and reduce debt where possible to boost your score. Reach out to us today for your FREE credit analysis and we will help you get qualified for your new home with a detailed outline.