This guide will help you navigate the home shopping experience and make your purchasing process as smooth and seamless as possible.
This is the first step to walking into your very own home. The Corcoran Group works to make the buying experience enjoyable. This guide will help you navigate the home shopping experience and make your purchasing process as smooth and seamless as possible.
Determining your financial state before you start your search saves you time and streamlines the buying process. A Corcoran agent can introduce you to mortgage brokers and banks who can answer questions about the loan process and identify a suitable price range for your exciting hunt. There are two levels of endorsement during this early stage of the loan process.
After your initial conversation with the mortgage broker, you provide information for a detailed background check and financial check (tax returns, credit check and income history).
You will then receive a letter from a lender stating how much they would be willing to lend you, valid for approximately 60 days.
Based on the information you provide during your initial conversation with a mortgage broker, you can qualify for a specific loan amount, subject to finalizing certain documents.