One of the first steps in the home buying process is to get pre-approved. Whether you allreay own a home, or are a first time buyer, you will need to talk to a reputable mortgage lender as soon as possible before you even start to look at any homes.

You may have a general idea of what you think you can afford, but until you find out what a bank is willing to lend you, you don’t really know. A lender considers several different criteria to dermine what you will qualify for. Income, debts, credit score, credit history,  and job history are just a few of the basic factors that help a mortage lender determine how much you can afford.

A good loan officer should be able to do a basic pre-qualification over the phone, and give you an official approval within 24 hours. Many Lehigh Valley real estate agents allready have a good working relationship with a mortgage lender, and this will help simplify the process for you.

For more information about getting a mortgage in the Lehigh Valley visit our Contact A Mortgage Lender Form