While the thoughts of owning a new home can be thrilling for some, it can be a terrifying thought for others who think only about all the paperwork involved in the process. While you normally cannot get around all the paperwork involved in getting a new home and a mortgage, you can better prepare yourself if you know what is going to happen in advance.
Usually it is a better idea to make sure you have the money or funding to buy a new home before you start shopping for one. It is a good idea to start talking to a mortgage banker before you talk to a real estate agent. You want to make sure you can afford the house you’re looking at so you don’t prolong the process unnecessarily.
You can save yourself some time and frustration by getting prequalified or preapproved for a home loan before you make offers on homes with the realtor. You can fill out our simple form and start the process today. Then you can start working with our recommended realtor and start looking at homes around the San Antonio area.
One thing that makes the whole process easier is to have all your financial statements in one folder so you can access them when you need them. This includes the past 3 to 6 months worth of bank statements, credit card statements, stock and investment statements, savings accounts, and the previous 2 to 3 years tax returns.
If you’ve been thinking about buying a new home and want to see how much home you can afford, fill out our simple form below and get prequalified.
Then once you’re prequalified, you can start working with a realtor like Ashley Anders from RE/MAX and start seeing homes you’re interested in. Then you’re on your way to owning a new home in San Antonio.