As some of you may recall, my girlfriend and I are in the midst of purchasing our first home. Previously I wrote about the importance of a good realtor and the benefits of quality home inspection.
Our home buying story wouldn’t be complete without telling you about how our mortgage process went.
Despite how others have warned about various hassles of buying a home, I have to say it’s gone incredibly smooth so far. Besides the initial minor problems with the other realtors we tried, there have been virtually no problems. That says a lot about the realtor that we were lucky enough to work with – he was a true professional. Getting the mortgage may have been the only difficult part.
It’s not that the bank wasn’t willing to lend me enough money to buy a home. No they were quite willing to lend me about 50% more than we needed. Getting the interest rate I wanted was another story. Continue reading
