You are both ready for a change. After the wedding, both you and your husband are starting new jobs. In a new town. Hopefully, in a new house.
You are in the process of getting approved by a mortgage company, while at the same time working with a realtor. When you are making this big of a transition it is often difficult to know where to start. Finding a new job is the first start, but it is difficult to think about starting work in a new place when you do not yet have a new house. You cannot, however, afford a new house without the job. This is one of the most challenging transitions you have made in life, and you are trying to patiently wait for all of the steps to fall into place.
Current Mortgage Rates Often Encourage Couples to Make One of the Biggest Transitions of Your Life
Mortgage companies offer different rates to their potential clients based in their credit rates. Obviously, then, those people with the highest credit ratings are able to get the best loans with the best rates and the lowest down payments. Conversely, applicants who have the lowest credit scores find themselves with options that come with higher interest rates and larger down payments.
No matter what your score is it is important to be well informed about the up to date mortgage rates that are offered. By checking in with a mortgage company, for instance, you can find the best options that are available and understand the options that might be available to individual lenders.
Whether you are a first time home buyer who has recently been married or you are a couple buying your third home, it is important to understand all that you can about finding the best mortgage company to help you navigate the challenge of looking for best available mortgage rates, it is important to make sure that you are upfront with all of your financial information. A mortgage company is not able to help you if they do not understand all of the important information about your work, your credit history, and your previous financial information.