Ready to buy a home? Can't stop daydreaming about that charming townhouse? Not so fast. There's a lot more that goes into buying your first home than scrolling sales listings and wishful thinking. Get the down-low from our housing market experts.
- Posted by Kristin Demshki
- loan process application processing underwriting prequalifying appraisal
You have made the decision to buy a new home and the house you love is on the market. You’ve submitted your loan application, but what’s next? What are the remaining steps until you have assurance that the new home will be yours?
To pre or not to pre? As Prince of Denmark, Hamlet didn’t need to get a mortgage. For the rest of us, however, it’s a seemingly never-ending series of decisions and choices. When buying a home, making some choices earlier on like pre-qualifying for a mortgage, can simplify decisions.