Financial Information
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#2 written by Jeromy W 1 year ago
absolutely, go and talk, see what people can do, but do not give out your social security number right away. What you want to avoid is having too many inquiries too soon, while it doesn’t adversely effect your credit, the reporting agencies tend to frown upon it. Speak to your friends, family, associates, find out who they recommend for both a realtor and mortgage lender, do research and then make the best informed decision you can. Be aware though, FHA is a lengthy process, expect between 2-4 months
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#3 written by linkus86 1 year ago
Yes, but you need to remember that a mortgage broker often deals with several different banks. I suggest you speak to one bank and two different mortgage brokers instead. As a first time buyer I also suggest you search your state housing department website for special government programs directed towards low to median income buyers (if applicable). FHA is a great program but not always the best deal. you sound like a good consumer so you know to shop around for the best deal. Good luck!
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