Visit Your Lender

If you are considering a home purchase and haven't visited your lender in the last few months, now may be a great time to do so.  The information they have may be old and out of date-which happens rapidly these days.  In order to keep yourself current should you find a home to buy, they will want current credit, income and banking information.  When you get ready to make an offer to purchase a home, having a current approval letter from your bank is a valuable asset.  Another reason to visit your lender is to update yourself on the current mortgage rates!  Most likely, the mortgage rates have dropped-maybe substantially-since the last time you checked.  With 30 year rates hovering around the 4-4 1/2% range,  you may actually qualify for a little higher purchase price, just because of the lower rates!!! With lots of inventory, historically low rates and motivated sellers, this is the ideal time to buy.  Make sure you are prepared.  Call any of our agents today to talk about the steps needed to get ready to be a home owner!!