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| January 30, 2020 Shelton Mason County Journal |  |
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molly/@masoncounty com
During the homebuying process,
the first steps can be the most cru-
cial.
Page 0—6 Shelton-Mason County Journal - WINTER 2020 REAL ESTATE GUIDE
homebuyers to first speak with
lenders. Meeting with lenders helps
homebuyers determine a budget,
while also starting the pre-approval
process for a mortgage. '
A mortgage, in the most basic-
So you’ve decided to buy —- what is a mortgage and why is it important?
from a lender. A variety of financial
institutions can serve as a mort-
gage lender, including banks; credit
unions and companies dedicated to,
mortgage loans. V g
- mwmmg w—___._____l__
pre-approval process. Lenders can
also help homebuyers determine.
the kind of home they be able
purchase. g
“By getting pres . ppa 5 filed p-
front, it tells both the buyer'and the
‘- real estateagent’ What price range V
ethomes they qualify £013.”. "
d
terms, is a loan used for real estate.
When a homebuyer is unable to ,
purchase a home with their own, 1'
money, a mortgage can be secured
Before touring neighborhoods or.
saving listings with a certain archi-
tectural style, real estate and mort-
gage professionals advise potential
’ ‘9‘ it 2 . .
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