Pennsylvania Home Buyer

Where can I get pre approved for a mortgage? | Can I get a loan

Nice two story home home with sold signYou wouldn’t tie your shoes and then put them on, would you? Then why would you buy a house and then apply for a mortgage. Smart house shoppers obtain mortgage pre-approval before they look at their first home.

Working with a mortgage loan officer will help you discover the ideal mortgage loan. It might be an FHA mortgage, which only requires a down payment of 3.5% and credit score of 580; or a zero down VA, or USDA mortgage.

Did you know that home sellers are permitted to pay some or all of your closing costs? It’s true, just one more reason to speak to a loan officer to help you set up your offer to the seller.

After going through the pre-approval process, the lender will provide you with a pre-approval letter which tells the seller and the real estate agent that you are a qualified homebuyer.

  • You’ll discover how much you are able to afford.
  • Take more time searching for the perfect home.
  • You will be able to beat out other home buyers.
  • You can buy a house more quickly with mortgage pre-approval 

How much does it cost to buy a house in Pennsylvania?

Use the PA mortgage calculator to estimate the down payment, closing costs and monthly payment for FHA, VA, USDA & conventional loans.Closing cost calculator