Get Pre-Approved

Get
Pre-Approved

Preferred
Lenders

Before you start shopping for your property It is first recommended to check your credit rating with an experienced lending institution and get pre-approved so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. Below are a few recommended experienced, knowledgeable lenders in the residential, construction, and commercial real estate fields.

Preparing
To Buy

Check your
Credit score & report

A good credit score will significantly influence your loan terms. A good credit score of 640 or higher can get you pre-approved with lenders, some lenders still have programs that can get you pre-approved with a score as low as 580. Pay off any large open collection accounts and keep documentation of payment to give to lender. Make all your bill payments on- time and pay down your credit card balances. You have to wait 2 years after a bankruptcy discharge to apply for a home loan.

Get
Pre-approved

Pre-approval means you are eligible to get a loan as long as your credit score remains good and nothing changes about your financial situation just before you get the loan. This is a very crucial part of the home buying process, and it gives you more credibility in the eyes of the seller. Know that getting pre-approved is different from getting prequalified.

Buy the home
You can afford

Regardless of what your dream home is, analyzing your financial situation and buying a home you can realistically afford saves you from terrible financial disasters. You do not want to be house poor because of your mortgage.