Mortgage Approval | Financing

Mortgage Approval & Financing

Mortgage approval is always the first step towards buying a house!  Without it.  Buyers can NOT target a home price.  Finding a house first, then trying for the mortgage normally leads to failure.

House sellers always want to know if buyers can pay.

Save yourself time and start with a lender.  Mortgage approval amounts can vary from lender to lender.  Its a good idea to get more then one approval opinion as there are bad approvals out there.  A approval that goes to the underwriter is even better.

If not financing a loan and paying cash.  A letter from your bank or financial institution stating the amount is required(proof of funds).

Here are some lenders to help get you started.  Rich Noto is not affiliated with them.  You can use whoever you want.  Community first has good rates for Car loans and RV loans.  I have used them personally.  They also have no closing cost Mortgage loans as of May 2023.  I found Steve Swenson to be very knowledgeable about many lending options.

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