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Planning to buy a home

Posted on: 24th Jun, 2013 12:39 am
Hi there... I am planning to buy a home. What should I do first – look out for a loan or look out for a house? How should I choose a bank or can I apply at various banks for the loan?
Hi KerryAB,

As you have decided to buy a property, you will have to get pre-approved for a mortgage. Once you get the pre-approval, then you can start looking for a property.

Thanks,

Jerry
Posted on: 24th Jun, 2013 01:16 am
Hi KerryAB!

Welcome to the forums!

I agree with what Jerry has said. Once you get the pre-approval letter in your hand, it will be easy for you to take a look at the properties. The sellers are more interested to deal with people who are pre-approved by the lender.

Feel free to ask if you've further queries.

Sussane
Posted on: 24th Jun, 2013 08:25 pm
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