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Updated almost 10 years ago on . Most recent reply

User Stats

17
Posts
1
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Kewin Garabito
  • Stony Point , NY
1
Votes |
17
Posts

What comes first?

Kewin Garabito
  • Stony Point , NY
Posted

  Hey my Bp people,

  I was thinking, could one start real estate shopping before even getting approved from a bank for a mortgage? Or does the process of searching for real estate must include having a loan first?

   I'm looking at a property now and was wondering if I should go to a bank first or go check out the property and see if I like it. I have a 700+ credit score, close to 20% for the down payment and the property isn't that expensive because it's a *handyman special* so I'm not sure what to do. I'm sure I'll get approved (HOPEFULLY) but I don't want to wait around and then have someone else buy it instead ya know? WHAT SHOULD MY NEXT STEP BE?! 

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