Anyone can look online at the general requirements to purchase a house. If you wander around long enough, you can figure out if you might qualify based on your current financial situation.
When you’re ready to get serious about buying, though, you should take a look at getting pre-approved for a mortgage.
Many home buyers start shopping for a property before meeting with a lender. This can lead to wasted time looking at properties that the home buyer cannot afford. With a pre-approval, you’ll know what you can afford before starting the process. Plus, a pre-approval letter indicates that you’re a serious buyer. Sellers will frequently give more consideration to offers that are from a pre-qualified buyer.
It is time to get pre-approved. You might be closer to being able to afford your own home than you think! Feel free to reach out to Scott Bennett at 503-703-4699 or scott@altmo.com to talk about your current situation.