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