You might assume that banks—and perhaps the specific bank that you’ve personally used for decades—are the best option, and it can be, since banks can often be more flexible, but they are known for having fewer mortgage options. However, in working with a mortgage broker, you’ll have more options available to you, from different lending agencies, because they work independently and they work for you, not for any company or personal interests.
RESEARCH HOMES WITHIN Y MES WITHIN YOUR BUDGET
Once your finances are in order and you’re working with a qualified mortgage broker, research homes that you can afford. Chapter 17’s first step in the 12-step guide to buying a home is finding out what you can afford. Don’t waste your time looking for homes that you can’t afford, especially if you happen to find “the one”—your perfect next new home where you can picture yourself living out your golden years in peace and relaxation. Stick to your budget to avoid disappointment and wasting
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