Getting Financing 08/20/08

So you want to get financing?

Getting financing now days on a home can be a night mare. If you have marginal credit, with a so so job, forget it. The banks are getting really picky who they will lend to.

You need at least a 620 credit score to get financing. You also need a steady job. Most loans now require 3% down. Closing costs are about 3% also.

One quick way you can find out what you can do and can't do financially is go to http://www.patriotlending.org or call my banker KC Kuttler at 208 406 3834. He can tell you in a hurry what you can and can't do. Make sure you tell him you are working with Burke Bennett so you can get the best possible deal.

I really don't care what bank you work with, but most people want to go look before they even know if they can buy a home.

Once you find out if you can buy a home. The banker should indicate what your price range is. You can do your own searches for property at http://www.snakerivermls.com.

Write down the MLS numbers of the homes you like.

I would love to show them to you.

Getting prequalified is half the battle. We can have you in a home in 30 days or less once you get prequalified.

Thanks Burke Bennett
http://www.seidahohomes.com
burkebennett@hotmail.com