Home Financing Information

Financing is one of the most sensitive and variable aspects of the home buying process. Every buyer has different needs and different opportunities available to them. Your ability to buy and how much you can spend largely depends on what your current financial position is, so it’s crucial that you begin the financing process early on in your home-buying journey.

If you’re ready to jump in with your REALTOR® and immediately start looking at homes to buy, you’ll need a loan to make the purchase, so it’s a good idea to first talk with a mortgage broker (or a few). Find out what your credit is like and what your loan terms and buying power would be by asking to be pre-approved for a mortgage. That way your agent can help you find a home that meets your expectations and your price point.

Evaluating your financial standing before looking at homes (or making an offer) will save you time, money, and potential heartache. If you haven’t already spoken with a loan officer, your Counselor agent can help you find a trustworthy lender who will take great care of you and offers programs most suited to your particular needs.

In need of Twin Cities / Minnesota home financing information? Let Counselor Realty lead the way— contact us today.

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