When you’ve made the decision to buy a home, you have a lot of options in front of you. Who will you use as your realtor? How much money do you need to put down? What style of home will provide you with everything you need?

Our Scottsdale mortgage brokers have been working in our industry for long enough to have seen it all. That’s why in today’s post, we’d like to break down a few things to take into consideration when you’re deciding which type of home is right for you. There’s a lot to think about, but you can count on the team at Scout Mortgage to guide you through the entire process with ease. Keep reading to learn more!

Creating a Wishlist

One of the first things you should do is to create a wishlist of items that the home you end up buying will have. For example, if you’ve suffered through Scottsdale summers without an air conditioner in the past, that might be at the top of your list. If you want to set up a workshop, a large garage might be a necessity.

In other words, consider all of the things that you really need in a home, and then add in the things that you hope for your new space to have. Keep in mind that there’s no such thing as the perfect home, so you may have to make a few compromises. Generally speaking, if the home you buy has 75% of the things from your lists, you’ll likely be happy there for years.

Figuring Out Your Finances

Once you have an idea of what you’ll want to buy, you should meet with a realtor and a mortgage broker to get an idea of what your price range looks like. When you partner with Scout Mortgage, we can prequalify you for a loan, ensuring that you’re able to move quickly if there is a house that you fall in love with.

You should also have a general idea of how much your down payment should be and how much you’d like your mortgage payment to be each month. From there, you can figure out the specifics of getting a home that you’ll enjoy.

Start Looking For Homes

Now the fun part — go take a look at homes! Keep an open mind, because even though you might love the look of a craftsman, you might find that a modern home better suits your specific needs. At the end of the day, there are plenty of things to consider, but our advice is to go with your gut.

Striving to Be One of the Best Mortgage Lenders in AZ

At Scout Mortgage, our goal is to provide you with everything you need to make the wisest possible decision at every step of the way. We know that the process of qualifying for a loan and purchasing a home can be intimidating, but we seek to demystify the process so you can truly understand what’s going on.

Contact us today to get the help you need. Our team of mortgage brokers is looking forward to working with you!