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Getting a Head Start

Posted by GO Mortgage Team on 5/29/20 8:15 AM

As states start to lift restrictions, more people are resuming their search to buy a home. Mortgage Bankers Association’s Purchase Index shows the sixth consecutive weekly increase in purchase applications and a jump of 54 percent since early April.  While new home sales also rose in April, seeing a gain of 0.6% from March according to the Commerce Department

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Topics: homebuyer, homebuyers, mortgage loans, pre-approved, pre-qualified, pre-approval, COVID-19, coronavirus

Determining Your Loan Amount

Posted by GO Mortgage Team on 5/3/19 12:35 PM

Which comes first?: Getting pre-approved and then searching for a home? Or, searching for a home and getting pre-approved once you found the home you love?

 

If you said getting pre-approved and then searching for a home, you are correct!  

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Topics: mortgage loans, pre-approved, LTV, DTI

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