Avoid Common Home-Buying Mistakes

Choosing a lender at random

It's easy to select the first lender willing to approve you for a mortgage, but it's important to shop around for the lowest rates and best options for your financial needs.

Not checking your credit report

Your credit history is a big factor when getting approved for a mortgage. Lenders tend to favor borrowers with a history of regular, on-time payments to creditors. Knowing where you stand will increase your bargaining power.

Losing to a better offer

Getting prequalified is the first step to becoming a credible potential buyer in the eyes of a seller. Failing to take steps to secure financing for the home of your dreams may jeopardize your competitiveness against others seeking to buy the same home. To avoid this common pitfall, check out our easy prequalification system below, which will provide you with a printable prequalification letter to use when you make an offer.

If you're ready to maximize your home-buying potential, choose from one of our easy prequalification methods:

  • Fill out the short form on the right.
  • Call us toll-free at 1.888.321.FUND.

 

Have questions first? Call us toll-free at 1.888.321.FUND. One of our experienced loan consultants will be happy to answer any questions you may have about qualifying for a mortgage so that you can make the best decision to fit your unique financial situation.

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