Qualifying for a loan can be tricky and intimidating. Plus, if you’re not prepared, it can be overwhelming. Fortunately, working with a Realtor can help! An experienced real estate agent can provide recommendations and suggest a reputable lender who is helpful and knowledgeable. What do you need to know before you start looking for a new home? No one wants to spend days, weeks or even months looking for a new home only to find the perfect house but a lender gives them unfortunate news that they can’t qualify for the loan.
Could something as simple as your car lease keep you from getting a loan? In this article by Credit.com there are other factors you should consider when applying for a loan or thinking about buying a new home.