Buying a home is a significant commitment that should not be taken lightly. For most of us, a home represents the single largest investment in a lifetime. That said, there are wonderful opportunities for buyers in today’s market with a sizeable inventory of homes for sale and extremely favorable interest rates. You may be concerned about the availability of financing based on the difficulties that have confronted the financial services industry. While it is certainly true that some of the more lenient underwriting practices of previous years may have been curtailed, the simple fact is that lenders have an ample supply of money they are anxious to lend. It is what they do and how they make a profit. Most lenders have a streamlined process for pre qualification that can give you the assurance and confidence you need to begin the home buying process. At Olson Real Estate we work closely with the mortgage industry and would be happy to assist you with your questions and concerns.
