Buy With Us
Though it’s likely to be the largest purchase you’ll ever make, buying a home doesn’t have to be an intimidating process. From the first consult to final signing, Stallion Realty works with you each step of the way to ensure your experience is positive — not to mention comprehensive and lawful. And because we value integrity, honesty, and human relationships, we go out of our way to personalize the process for you. That means we’re there when you have questions. We return your phone calls promptly. We explain all the paperwork. We work one-on-one to ensure you’re fully satisfied with the final transaction.
Home ownership is a dream for many, and the process of achieving it begins with getting pre-approved for a mortgage loan. “Pre-approval” is when a lender reviews your credit and financial situation in order to determine how much it’s willing to lend you. Pre-approval determines if you’re qualified and, if so, for how much.
So…how much do you need? In calculating the amount of your loan in relation to the price of the property you’re considering, keep in mind your household budget: how much you’ll be spending on food, clothes, utilities, automobile expenses, insurance, retirement, and savings…in addition to whatever your mortgage will be. If you don’t have a household budget, make one. Don’t set yourself up for financial trouble from the very beginning.
In order to be approved, you’ll need to provide the mortgage company a number of documents, including pay stubs, employment verification, bank information, tax documents, and a current credit report. Depending on your situation, you may need others. Having these documents in place when you begin qualifying for a mortgage speeds up the process significantly — and indicates to your broker your seriousness about home ownership.