Client Services – Services for Buyers – Pre-purchasing Counseling

The true cost of a home purchase is heavily influenced by your credit score, income, savings, and careful selection of the best possible loan product. It can take several months to improve a credit score, accumulate savings, and pre-qualify for a loan.

The best time to address these issues is long before making an offer for a particular property and the escrow clock begins ticking. You should visit MOPNC when you first consider buying a home, prior to looking at properties or talking to lenders.

Through budget and credit counseling, you can bring your financial documents into good order. You will also address your credit score and improve it as much as possible. This preparation allows you to put your best face forward when you finally approach a lender.

MOPNC counselors are also knowledgeable regarding a variety of down payment assistance and matching fund programs, which can make home ownership more affordable.

After your financial documents are in good order, your credit score is solid, and the down payment is acquired, the next step is to pre-qualify for a loan. MOPNC counselors can recommend various lenders which may be appropriate to you. They have information on which lenders offer low cost or special circumstances loans.

A MOPNC counselor can also help you prepare and review documents, or even work directly with the lender at your request. It is an invaluable service, as loan documents are often complex, with specific legal terms and conditions which can significantly affect the true cost of the loan.

MOPNC is not officially affiliated with any particular lender, so you can be confident that all of the information offered is unbiased. We are your personal advocate, not a lending advocate.

Don’t wait until you have found a home to contact MOPNC. Call today, to create a solid financial foundation for your future and to prepare to make a sound home purchase.