If you’re thinking about buying a house, you probably have lots of questions. Is it better to buy than rent? Do you have enough saved? Can you afford a house payment? How do mortgages work, anyway? You’re definitely not alone, so we’ve put together some guides to help you figure it out. Download one of our guides to learn more about what it takes to reach your goal.
When you apply for a home loan, lenders will look at your credit score, which is the rating you’ve earned through spending and borrowing habits. The higher your score, the more likely it is that you’ll qualify for a loan. Better credit scores can also earn you lower interest rates, which means you could pay thousands less for your mortgage over time.
When you’re ready to apply, you’ll need to provide some information about your finances. Use this checklist to gather materials before you start your application or meet with a loan officer. If you have any questions about a certain item, please give us a call.
