Most Real Estate agents and Lenders recommend that homebuyers get pre-qualified with a lender before selecting a home to purchase. This way you will have the best information about the right price range for your pocketbook.

Reasons to get Pre-Qualified...
With pre-qualification, you can determine which loan program best fits your need and witch programs you qualify for.

You will know exactly how much you are qualified for. It's not fun to find you "ideal home" and then find out you can't afford it.

Your monthly payment will be set. This will allow you to budge your money before making this large investment.

It shows you what the down payment and closing costs will be.

If you are a first-time buyer, you may be able to qualify for a special first-time buyer program which may allow you to afford more home for your money.

If you feel you would like and can afford a higher mortgage payment buy are not able to meet qualifications, co-mortgagor financing may be made available to you.

Note: Information provide compliments of Placer Title Company