I want to buy a house next year. What do I do to start preparing?

Sooner rather than later. You should get some preliminary info about what will be required of you and what price home you can qualify for asap, so you have a plan in the works when you decide to make the purchase. I have worked with clients for as much as 2 years to help prepare them for their purchases. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to walk you through the process. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. If you get a chance, read some of my blogposts on Lender411. They are quite informative. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. I started doing mortgage loans in CA in 2006, only do them here so I have an exceptional understanding of this extraordinary market, and, unlike the vast majority of loan officers, I am an accountant by education. As such, I am able to analyze current market conditions and structure creative loan alternatives for my clients in a manner much different, and more advantageous to them, than virtually all other loan officers. Representing more than 60 quality lenders that offer in excess of 1,500 loan programs, we definitely have something for everybody!

The best advice I can give you is to contact a mortgage bank/broker (like myself) and apply with them now. I say now, because once they see your complete loan profile, they will be better equipped to advise you properly, and if you have any issues, they can be dealt with now rather than finding a home later only to find out you have to work on a few things before you can be approved. Also, by applying with a Banker/Broker, you have an advantage because their familiar with local customs and work with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893