First time home buy in Dallas

[Cole Durbano]

I am a senior in college and just accepted a job that will require me to relocate to Dallas, TX next summer. I would love to purchase my first property for my small family to start out in. Since I am not in Texas yet, how soon should I be contacting lenders in that area to see what I could be approved for? Or if I will be moving down in late June/early July, when should I start that process?

Thanks for any info!

[Reid Chauvin]

@Cole Durbano - It doesn't hurt to go ahead and contact a lender, have them explain the process and qualification requirements, and run an estimate or series of estimates for you so that you will know what to expect in terms of cost for homes at different price points. You're likely going to to need a realtor on the ground helping you look several months in advance of you finding the right home (and actually getting your offer accepted). Knowing your price point based upon pre-qualification and estimates from a lender makes this process much more efficient and effective.  

If anyone tells you that you need 2 years of employment history, they are wrong. You should be able to qualify with your executed offer letter and your college transcripts showing that you've been in school up to this point. 

Feel free to reach out with any additional questions.