BUYERS – The first step to shopping for a home is to contact a lender. With high buyer demand and low housing inventory in Florida, your real estate agent is going to insist that you have a pre-qualification or pre-approval letter before they start showing you homes. You can typically get a letter from a qualified lender in about 48 hours. The reason it’s so important to be prepared is that other buyers have done their homework and a great deal of homes are seeing multiple offers. If you’re not ready with your financing, no seller is going to consider your offer. In fact, most sellers are requiring a pre-approval or qualification letter to be submitted at the same time as the offer. In addition to showing your agent and sellers you’re a serious buyer, going through the qualification process allows you to see exactly what your home buying power is. Many buyers think they have one budget, but are surprised to find out either their loan is actually going to be less or more than they thought. A fourth reason to choose a local lender becomes apparent at the time of appraisal. It’s vital that a local experienced appraiser is hired for your transaction. They are experts in their local markets and familiar with the communities in which you’re buying. If you were to use a national chain for your loan, they’d probably randomly select an appraiser off the internet who might not even work in the same county as your future home! Unfortunately, an appraiser can make or break a deal. That’s why it’s so important to rely on local trusted relationships.
Our team at 23 Realty Team has partnered with the best at Cross Country Mortgage to bring you exceptional personal service. Let me introduce you to the fabulous Loan Originator, Lori Meaney.
Work with our trusted and local partner, Lori Meaney.
Born and raised in Marion County, FL, Lori has been in the mortgage industry for over 25 years and is great with experienced or first-time home buyers as well as seasoned buyers. Lori explains the different loan options thoroughly so you can choose the best mortgage program for your specific needs. Whether purchasing or refinancing, Lori and her team will keep you informed and on track with your home buying process.
She understands that there is no purchase more important, rewarding or exciting as a new home. Your time is important and we understand that. With appraisers familiar with home values in your community, coupled with our “in-house” underwriting, funding and closing, our goal is to close on time, every time. Complete an online application, call, or email Lori today to make your dream of owning a home a reality! Servicing FL, GA & TN.