For first-time homebuyers, finding the right lender is just as important as finding the right home. A good lender can help you understand your options, guide you through the process, and get you the best possible mortgage for your needs. But how do you find your perfect match? Here are some questions you should ask when shopping for a lender!
“What types of loans do you offer?”
Not all lenders are created equal! Some specialize in government-backed loans like FHA and VA loans, while others focus on conventional loans. As a first-time homebuyer, you’ll want to find a lender that has experience working with new homebuyers and can provide the loan type that is best for you.
“What are the interest rates and fees?”
Interest rates can fluctuate on a dime and greatly depend on your unique financial makeup, but it’s a good idea to ask your lender what they’re offering at that moment so that you can compare.
“What are the qualifications for the loan?”
Each loan type will have different qualifications for approval. Ask your lender about credit score, debt-to-income requirements and any other criteria they may use to evaluate their borrowers.
“What is the loan process like?”
Choosing the right lender is crucial for first-time homebuyers and it’s important to ask the right questions to find the perfect fit. Ask about the documentation you’ll need to provide, how long the process takes, and what happens after you submit your Loan Application. With years of experience and a commitment to exceptional customer service, Pulte Mortgage can guide you through the process and get you the best mortgage for your needs.
If you’re ready to take the first step towards purchasing a PulteGroup home, consider choosing Pulte Mortgage for a stress-free and rewarding experience!
