Home Buyer's Guide
Simplify the Process
Whether you're a first-time buyer, luxury home shopper, or real estate investor, QuickHome.Loans will guide you every step of the way. Contact us today!
Pre-approval evaluates your ability to repay a loan based on income, debts, and assets. It helps determine your maximum purchase price and borrowing potential. Sellers and agents take pre-approved buyers more seriously, giving you an edge.
Pre-qualification involves reviewing basic credit and financial information but doesn’t guarantee a loan. Pre-approval is a detailed analysis of your financial documents and creditworthiness, making you a stronger buyer.
- Check your credit score and report for accuracy at AnnualCreditReport.com.
- Address inaccuracies and resolve disputes.
- Pay down high balances to improve your debt-to-credit ratio.
- Set up payment plans for delinquent accounts.
Your consultant will help determine the best loan for your needs. Use our online calculator to estimate affordability, including monthly payments, down payments, taxes, and insurance.
Loan approval is based on an underwriter’s review of your financial information. Promptly respond to documentation requests to ensure smooth processing.
Select a trustworthy realtor familiar with your target area. Interview multiple agents, asking questions about their experience, sales history, and local knowledge. Avoid dual agents when possible.
When evaluating homes, prioritize location, school districts, and commute times. Don’t overlook a home’s condition or potential repair costs.
Base your offer on comparable sales, market conditions, and the property’s condition. Once accepted, clarify the seller’s move-out timeline.
Provide required documents, such as identification, income statements, and asset details. Review your Loan Estimate and respond to underwriting requests promptly.
Sign the final documents, provide a cashier’s check for closing costs, and review your Closing Disclosure for accuracy. Congratulations—you’re now a homeowner!