This weeks post we will look at the mortgage process and buying your first home. The first step a home buyer needs to take is find out how much you qualify for. To find out what your monthly payments will be you can use a calculator for mortgage payments . After you find out how much you can qualify for and you find a home in your price range you like, its a good idea to shop around mortgage lenders to see who has the best rates. For a list of mortgage lenders in your area you can use that site to locate lenders.
Tip: I would avoid using the mortgage lenders that your Real estate agent suggests, usually this means you will be paying more.
Good luck on your home purchase.
