Applying
for a mortgage can be a daunting experience. It's lengthy, time
consuming, and over all can be quite confusing. Below are some tips
to help you before you start your mortgage process for your
Boston home.
Check
your credit. Know your score in
advance before applying. You never know what you might find on your
report and it's best to know before hand then when you are in the
midst of your Boston
home buying experience. Check your credit well in advance so that
you have time to improve your score or remove any faulty information.
Get
a preapproval. The bank will
look at your credit and combined with your income and assets they
will determine how much you can borrow. This number is key to having
before you start your Boston
home search so you know your price cap. And once you find that
perfect Boston
home many sellers will want a preapproval with any offer.
Don't
make any major changes. Now is
not the time to be switching jobs or opening up any new lines of
credit. Both of these changes are red flags while trying to obtain a
new home loan. It is also not a good idea to have a big deposit
within several months before your finances are looked into. This
could also set off a red flag and make you appear financially unstable.
Over
the last 14 years I have grown a highly successful Boston real estate
practice devoted to understanding and satisfying the needs and goals
of all my clients. As a result, 90% of my business is referred from
those satisfied clients.
Without
the guidance of a local expert, it can be tricky to cover all of the
city's vibrant neighborhoods! As a Boston
real estate agent, my services extend beyond helping buyers and
sellers through their transactions. I thoroughly enjoy getting
prospective residents familiar with their surroundings and exposing
them to the best of everything Boston has to offer.
Please
contact
me when you decide to start your home search.
Lucas
Garofalo
Keller
Williams Realty
(617)
861-3631
Lucas@LucasBostonHomes.com
Connect
with me:
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