In my work as a real estate agent, when I meet with new clients, I prepare them for three phases of home buying: the pre home search, the home search and, finally, being under contract.
It covers their goals, our relationship, expectations, and money.
Sometimes, clients reach out to lenders first and then find me, and sometimes they come to me first but haven’t yet spoken to a lender.
That’s totally fine, but as a real estate agent, I’m limited in what I can help with until they talk to a lender.
The good news is I have a handful of lenders I really trust, who move fast, and who can help get my clients qualified.
Even if you are just starting to toy with the idea of home buying, it’s really useful to have a lender tell you where you’re at financially and help guide your next steps (even if it’s six months to a year ahead of time).
There’s a couple other key things you should know: Get your house in order: In other words, if you have a spouse and you haven’t been totally candid about your finances with them, they’re about to find out.
The credit report is good for four months.
On a final note, having a lender you trust is as important as having an agent you trust.