Michael Holigan: For the past seven years, Connie and Brian Counts have rented a house. Now they've decided to step up to the plate and buy a home. And the Counts started off on the right foot. They pre-qualified for a mortgage before they shopped around for a home. That way, they had clear picture of their price range. You can go a step further and get pre-approved, which guarantees you'll be given a loan for a certain amount of money. Either way, your lender will need plenty of information documenting your financial status.
Connie Counts: I just went crazy trying to find it all. To be honest with you I couldn't find it all. And then I had to go through and look for the past two and three months and so...this big old box I have everything in. So it wasn't easy, but I did it.
MH: Here's a checklist that will streamline your qualification process.
Most people find this qualifying process a little difficult, but well worth it. The Counts can't wait.
CC: It's going to be ours to call our home. And as far as how young we are, we've accomplished a lot in our lives and I just feel that we succeeded in doing it.
Get Pre-Approved for a Loan and know what you can afford - it's FREE
Episode 51 1997 - 98 Season
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