Depending on your circumstances, shopping for a home without consulting a loan officer is like going shopping without knowing what’s in your wallet. Here are some of our reasons you should involve a loan officer from beginning to end.
As insinuated, your loan officer will help you set realistic expectations as to what you can afford. Nothing stings more than falling in love with a home only to find out it is completely out of your budget, so always ask them what you can handle financially.
Another reason to involve your loan officer is to get preapproved for a loan before you are ready to buy.This will work in your favor when you do find an affordable home that you love and are ready to make an offer on, as your loan officer can help you to be preapproved so that a seller takes you seriously when you’re ready to buy. Lastly, they can inform you of most all of the costs that will be associated with buying your home which will prevent you from running into any hidden fees.
Call your loan officer today if you want to begin your search for a new home!