Day: July 7, 2021

• Know what you can afford.  Don’t start looking online for a home before you get preapproved.  Just because you get preapproved for a loan it doesn’t mean that monthly payment will work for you.  Look at your debts, future bills and plan.

• Get advice from trusted sources.  Ask your friends who they used to get a loan.  Talk to your realtor.

• Understand loans and fees.  Not all loans are the same.

• Shop Around.  Ask questions of your potential lender.  What if I pay for appraisal and my loan doesn’t go thru, did I just lose that money?  How long will it take to close?  How much are closing fees for loan?  Will I need money for a down payment?

I’m here to help! Carrie Summers ~Colorado Ranch & Home Realty 970-759-2540