When thinking about buying a house do you first look into getting a mortgage or first find a house?

I'm thinking about buying a townhouse or condo this year and taking advantage of low interest rates and the 8k from the government. I'm a few years out of college so never owned a place.





I really dont know where to start. Do I first find a house and then look into a mortgage or do I first look into a mortgage to get an idea what I can be approved for and if I even can be approved?When thinking about buying a house do you first look into getting a mortgage or first find a house?
you get pre-approved forst, so you know how much house you can buy. most realitors will not even show you around until you have this done to avoid you wasting their time.When thinking about buying a house do you first look into getting a mortgage or first find a house?
First you should go talk to a mortgage company to see what you can get approved for and then you should start looking for a house within your price range. That would be my advice. You don't have to have the exact property you want when you get pre-qulified, and this way, you know what your price range is.





You probably have somewhat of an idea of the price range you are looking for (i.e. you can go to any website online and find a mortgage calculator based on your income.), so keeping your eyes open is not a bad idea right now. If you can multi-task...you should do that as well. It does not take very long, however, to get pre-approved at a mortgage company, however. They just ask what your income is and what bills you have. It's really easy.
It's always rather daunting looking at buying a house and there is plenty of things to consider. With the GFC and like you said, the 8k, now's the time with low interest rates.





I don't know if this works but this looks interesting. I think all you have to do is enter a few details and you get access to the full kit on how to buy a house really cheap.





Here it is: http://tinyurl.com/n8m2yd
Pre approval and I would do it fast as the first time homebuyers credit expires the endd of NOv and nothing in the works about extending it into next year. That would be alot of money to miss out on.
Since you cannot make an offer without being pre-approved, you need a mortgage letter. Get an agent who will handle both for you.
pre approval letter first so see a mortgage professional in your area


I am a mortgage banker in TN