How I Work With Buyers to Get Qualified for a Home Purchase

Interest rates have ticked down from highs at the end of last year and there is a lot of inventory on the market here in Denver, so now is actually a pretty good time to be a pre-qualified buyer.  

To pre-qualify as a buyer, very basically, a mortgage lender needs to review financial information that you have provided to them and assess how much of a loan you can get.

When I am working with buyers, I am required to give you three referrals for lenders to ensure that you are getting the ability to compare options. I think this is an excellent practice that keeps things fair and competitive for you.

One referral that buyers almost always get from me is Shane from Ent Credit Union. I feel so comfortable referring people to Shane because he and I share a similar philosophy in that we will always recommend what is best for the client even if what’s best isn’t working with us. I trust that Shane will make sure that my client is educated about the lending process, and that he will be candid and up front if another lender is better suited for the client’s specific needs.

If you are considering buying a home, there isn’t really a “too-early” time for starting the conversation with a lender so that you can be prepared as you’re looking for houses. You never know which visit is going to turn into your dream home, and having the big conversations up front help you to gauge your financial situation.

Also, there are many creative financing options that lenders can walk you through that can help lessen the impact of the current higher rates.

If a new home might be on your horizon, please call, text, or email me—I would love to set you up with fellow professionals who will also give you a no-pressure foundation of knowledge to set you up for a successful and low-stress sale!