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Keep reading to explore ways you’ve got the option to utilize your bankas a first-time homebuyer.
Most banks today provide access to monthly credit scores from at least one of the major credit bureaus.
This will give you insight into your credit score before shopping for mortgages.
The goal is to give you everything you should probably have a successful home-buying experience.
Most banks will allow you to go through the pre-approval process.
One of the most valuable services banks provide is the pre-approval process, said Darko.
By getting pre-approved for a mortgage, first-time buyers can determine their budget and strengthen their negotiating position.
This can be a game-changer in competitive markets where sellers are looking for assurances of a smooth transaction.
Plus, their DreaMaker mortgage allows you to buy a home with as little as 3% down.
Many banks offer specialized programs designed specifically for first-time home buyers, added Darko.
Luckily, your bank has many resources and programs available to help make the process as easy as possible.
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