It's Easy! The first thing you want to do is get pre-qualified by a lender, of course, that is unless you plan to buy your property with cash. Working with a mortgage Broker/Lender will help you identify the purchase price that you can comfortably afford and it will make your home buying process a great deal easier and save a lot of time later. Remember the Lender can only base this figure on what you tell them. Getting a Pre-Approved letter is even better! This means the Lender will do more than just ask you questions and give you an estimated loan amount. Instead they will take you through the whole process by checking your income, debts, credit scores and such and when the process is done, the bank or mortgage co. will write you a letter agreeing to loan you up to a certain amount of money.
It's better to do this process first because it puts you as a Buyer in a more favorable position as you present it to the Seller. In other words, if the seller receives 2 offers on their property (one being from you), they may see you as a weak buyer and chose the other offer if you do not present a pre-approval letter.
Below are some reputable, trustworthy lenders that we highly recommend. Don't worry about their locations; they will usually come to you.
Give one or all of them a call and tell them Georgia Statewide Realty sent you.
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Patricia Storm
Mortgage Banker
REMN
290 Country Club Drive, Suite 220
Stockbridge, GA 30281
Office: 678-833-0463
Cell: 678-873-7723
Fax: 866-654-4911
www.patriciastorm.remn.com
patricia_storm7@bellsouth.net
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Tana Hubbard
Mortgage Loan Consultant
Prestige Mortgage Co.,Inc.
574 Conyers Road
Loganville, GA 30052
Office: 678.990.9193 ext: 215
Fax: 678.387.2787
Cell: 404.886.8199
tana@prestigemortgage.net
www.prestigemortgage.net/tana