One of the biggest mistakes a person can make when starting the process of buying a house, is to go out shopping for the home before they get pre-qualified for a great home loan! Most people get so caught up in the excitement of shopping for their new home that they don’t realize they are putting the cart before the horse. They may spend hours of their time and their Realtor’s time looking for that perfect home, only to find out that they do not qualify for a home loan due to some unforeseen obstacle or new guideline.

As you have heard from the media, the entire country is still going through the pains of a mortgage crisis. It is difficult enough for those that work in the business to keep up with all the changes, let alone customers and Realtors trying to know all the changes that occur almost daily!

So What’s The Big Deal? [Read more...]