Purchasing A Home

I’m Miriam Neff and I’m Valerie Neff Hogan with Wise Women Managing Money.

M Spring time means increased house hunting.  Buying that home is often the biggest purchase a person makes in their lifetime.  Let’s look at some benefits. A sense of belonging in not just that space but that community can be satisfying, but before you even begin the search, it’s wise to research mortgages.

V First steps are to pre-qualify and get pre-approval. Pre-qualify means you connect with a lender, supply income information, and determine the amount of loan a lender will offer you.  Pre-approval is provided when a lender approved that loan amount. 

M Yes, this narrows your home search, but spares you the disappointment of falling in love with that out of reach home.