Home Buying Basics

Get The Best Loan For You

Keep your money in one account, do not open any new credit accounts, keep current accounts at 30% or less for available credit limits, do not buy any big-ticket items three to six months before. Check your credit score and fix any discrepancies at least six months prior to your planned purchase. Build up your savings account and eliminate as much debt as possible to show you are not living paycheck to paycheck.

Pre-Approval Vs. Pre-Qualified

Anybody can get pre-qualified for a loan, but getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much they will lend you. This will save you from liking homes you cannot afford.

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