Part of the Home Buying Process is getting a PreQualification letter that can be submitted along with your offer. It is pretty standard in Maricopa, as well as in Arizona, to need a PreQual at the time of offer so you will want to get this done as early as possible so that when you find your dream home, you are ready to go!
What if I’m not buying for a year?
Great Question! Still seek out a lender. These lenders below have committed to helping Maricopa Home Buyers in advance by looking at their current situation and letting you know now, what steps to take to ensure you are ready to purchase when the time comes. You might be much closer than you even realize!
Who Should You Use?
You can reach out to your local bank, any big bank or credit union. However, there are other folks that specialize in helping people like yourself with their loan options. These same people can outline what you will need to do to get your credit and personal situation in the best spot to secure a loan. They will also go over the various types of loans available to you. (Conventional, FHA, USDA, VA, etc). Many times these folks have a lot more options available since they work with a host of investors.
Each loan officer or consultant has different personalities. Some like to gather as much information as they in advance to make your offer as strong as possible. Find one that “feels” good to you and your situation. You will have a love / hate relationship at times and you want someone that you click with and you know has your best interests in mind and will take the time to explain things to you and keeps you in the loop at all times.
A Few of Our Top Picks:
Here are a few folks we have partnered with in the past that will take good care of you. They all believe in great customer service and walk the talk of helping you out. They may not always tell you what you want to hear, but we promise they will provide you the tools to fix any issues so you can purchase a home.
And as always, feel free to reach out with any questions.