The home mortgage industry is quickly
changing. In order to buy a house in Manassas (or anywhere in Prince William
County and Northern Virginia), it's not a bad idea to talk to a mortgage broker
or bank loan officer first.
Although getting a mortgage to buy a house
may seem overwhelming, there are two basic steps you can take now so that you
are ready to buy the house you want.
GET PRE-QUALIFIED / FIND OUT HOW MUCH YOU QUALIFY FOR
This is a fairly easy step. Talk to a
qualified mortgage broker about your financial situation and you can learn very
quickly what size home loan you would qualify for. This then gives you the
information you need to narrow down your search for a home to the neighborhoods
within your price range.
GET PRE-APPROVED
This step usually requires a credit check,
verification of income and bank accounts among other documentation. Once you are
pre-approved for a loan, you can submit a contract in confidence to buy the house
you want.
