The first step in the home buying process is to pre-qualify with a lender
Before you begin your home search, speak to your realtor about locating a qualified lender. He or she will determine what price range you qualify within and discuss your monthly payment and “comfort zone”.
It is important to find a lender that is known by local listing agents because they make recommendations to the sellers. A qualified lender will always explain all loan charges and origination fees. Personally, I will only work with a lender who is local and provides their buyer client with their cell phone number. If you cannot reach your lender via cell phone; please think twice before selecting him or her.
There are many behind the scene nuances including reputation, speed, and access to multiple loan opportunities. Your realtor is your best resource to locate trusted loan professionals. Please ask for 2-3 names and select the lender matching your personality, goals and communication style.
Written by Juliette Calandra Ferguson, MBA, SRS, CRS, Team Jette Properties, Sotheby’s International Realty, Top Producer, BRE #01405735 www.teamjette.com 831-402-3800, Monterey Dunes Colony Beach Homes, #1 Listing Agent Team.