Most people miss a key step before going to a bunch of
open houses. While it’s normal to tour to get an idea of what you like, it can quickly turn into bad practice to tour without a guide map. And that is your pre-approval or just a 5-minute conversation with a good lender! 


I see it all the time where buyers are heavily invested in their potential dream home and then find out it’s outside of their financial reach because they never talked to a bank. Same goes for those not exploring certain communities because they believe it is not within their budget. Hence, here are my top 3 reasons why you should talk to a lender:


- It sets realistic expectations

Depending on your loan terms and loan programs, you will be able to determine what your monthly
mortgage payment is and what amount you should be paying on your down payment. Once that number is set upfront, you can limit your time to properties that are financially fitting for you. Because every second you spend at the wrong house, you’re missing out on the right property.



The lender will give you an idea of how much to set aside for your closing costs and your down payment. That way, no surprises! 

- Not missing out on a chance to make an offer

Completing a loan is a time-consuming process, both for you and the lender. It usually takes about 7 business days for a lender to fully review your documents and determine your loan eligibility. By getting the paperwork out of the way, should you run into a home you’re interested in making an offer on, you’re not left behind. If you don't have a valid preapproval, there is a zero percent chance a seller even considers your offer!


So instead of waiting for that rate cut like the rest of the herd, talk to a bank! All your questions regarding mortgage payment, closing costs, property taxes, etc. would all be settled.
I certainly can refer you to a few amazing lenders so you can get the ball rolling.
It will put all your questions to rest and the best part is IT’S FREE!
