What to ask a lender when looking to buy a home If you’re in the market for a new home, one of the first steps is establishing your lender. Mortgage lenders have a wealth of information to help borrowers make the most of their loan experience- here are a few questions to ask yours! How much home can I afford? You’ll receive the answer to this question when you begin the application process with a pre-qualification. How much down payment do I need? 20% is no longer the magic number- some loan types require as little as 0% down! What type of loan is best for me? You may qualify for a few types of loans – think VA or conventional – and your lender can help you weigh the pros and cons of each!

Posted on by December 15, 2021

What to ask a lender when looking to buy a home

If you’re in the market for a new home, one of the first steps is establishing your lender. Mortgage lenders have a wealth of information to help borrowers make the most of their loan experience- here are a few questions to ask yours!

How much home can I afford? You’ll receive the answer to this question when you begin the application process with a pre-qualification.

How much down payment do I need? 20% is no longer the magic number- some loan types require as little as 0% down!

What type of loan is best for me? You may qualify for a few types of loans – think VA or conventional – and your lender can help you weigh the pros and cons of each!
from Utah Homes and Land For Sale