Honestly….Today! Not just because it is a great market right now, but it should be right when you are thinking “I think I might want to buy a home.” The first place you should start is with a Home Mortgage Broker. This way, you know what purchase price range you are qualified to look in. Nothing is worse than finding that dream home and then finding out you never qualified to purchase it. My job as a mortgage broker isn’t to just find you the best rate, it is to educate you on the process so you can make the best decision for yourself and your family.
Being ahead of the game will also give you and me the opportunity to review your credit. I know credit is a scary thing, but it is one of the main driving components of your qualification. This provides us a chance to address the potentials of increasing your credit scores. This can be addressed in the manner of paying a certain debt or two (or few, whatever it takes) to raise your credit score. This can be done within 5 days of the debt being paid down. Did you know it is more beneficial to pay down credit cards versus paying off an installment debt? It’s true, but I can elaborate on that in a different story 😉
This time also allows me to help guide you into a product that maybe you didn’t know existed that helps with a lesser down payment amount. Which, in turn, can get you into a home sooner than you thought.
It’s all about planning. Let me assist in planning that bright future!
Happy HomeBuying!!
~Erin