- Centurion Member
- Posts: 1468
- Joined: Tue Jul 31, 2012 12:20 pm
- Location: United States
Your credit is good enough to get you the best rates available, but that doesn't mean that all loans are the same. Compare closing costs, application fees, etc., between multiple banks and multiple brokers before settling on a loan. By way of example, our closing costs varied by almost $10,000 between loan offers.
Get pre-approved before you go shopping. You can usually get a 60-90 day pre-approval before the bank has to pull credit again. If rates are looking good and you expect to buy within 30 days, lock your rate.
Look at a lot of houses and plan to make an offer within an hour of a viewing if you like the place. Between it being a seller's market and the fact that hedge funds are buying up thousands of houses, you have to be able to move fast if you want a specific home.
That's all I have right now.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]