Step 2 of 6: Get Prequalified and Contact a Mortgage Specialist
The second step in preparing to buy a house is to get pre qualified! This is a very important step!
You will need to contact a Brightpath mortgage specialist to help analyze your credit and income profile! They will go over the price range you are looking at and run the numbers to make sure you qualify to purchase a home in this range! They will provide a pre qualification letter to you so that the seller will know you are prepared and qualified to buy their home! This helps you secure the contract! This also lets the Real Estate agent know you are prepared and qualified.
Agents are 100% commision and do not like wasting their time with someone who is not qualified to buy the homes of which they are looking.
Prequalification is a very important step in the home buying process!