Thursday, October 19th 2017

Question

When should i apply for a mortgage?

Interesting Question?   (11)   (15)



Answers (2)

19th Dec 2009 by Burt Carlson

You should apply before looking at any homes. The reason is until you know how much home you can buy you might be setting yourself up for a big disappointment. In addition, any professional Realtor will not take you to look at homes unless you are pre qualified. So, find yourself a lender, get pre approved, learn how much home you can buy then go find the home of your dreams!

Like This Answer?   (1)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
6th Dec 2009 by Tom Lindmark

Before you start shopping for a house. In the good old days there were lots of different types of mortgages so you could be reasonably sure that you a lender would have something that would allow you to buy a house. That's all changed and their are only three lenders now. FHA, Fannie Mae and Freddie Mac. They have strict guidelines and either you qualify or you don't. There aren't any other alternatives. So if you want to buy a house don't waste your time or anyone else's time until you have a firm commitment for a mortgage.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



3rd Nov 2009 In Mortgage 2 Answers | 1746 Views
Subjects: mortgage,

Answer This Question / Give Your Opinion
When should i apply for a mortgage?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What to do with savings?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What to do with savings?
Unanswered Questions in Mortgage
What size mortgage can I afford?
What is Mortgage Debt?
What is a Land Mortgage?
What is a morgage broker?
What is an Assumable Mortgage?

Answered Questions in Mortgage
Is applying for a mortgage online safe?
Where can i find a mortgage?
What does a morgage calculator do?
What is a Cooperative Housing Mortgage?
Can a student get a mortgage?
Ask A Question
Get opinions on what you want to know:
Specific to any country?