Get your financing in order before starting your home shopping process.
Looking to simplify your home buying process? It is important to work on getting your financing ducks in a row before looking for a home.
Check out the latest “One Cool Thing” from the California Association of Realtors about seeking financing when buying a home:
Most home buyers are following their realtors advice and seeking financing first in their home buying journey. They also want greater speed, simplicity and communication from their providers.
- 73.5% sought out home financing options before looking for a home.
- 75.4% said their agent and lender communicated with each other about their home buying process.
- 49.5% desire a faster or easier home buying experience.
- 34.1% had trouble understanding mortgage fees.
Source: loanDepot and mellohome