Buying a Home 101

What Type of Home is Best for My Family?

You'll save time and energy during the home buying process if you decide what you want in a home before you begin house hunting.

Things to consider include:

  • Home size: What type of floor plan would you prefer? How much garage space do you need?
  • Location: Do you want to be close to a particular school, store or park? How long would your commute be?
  • Yard or No Yard: Do you enjoy doing yard work or would you rather have someone else do the yard work for you? Better yet, no yard at all?
  • Remodeling: Do you want your home to be move-in ready or do you want a fixer-upper?
  • Neighborhood: Are the other homes well-maintained? Is the street a busy street? How close will you be to the neighborhood park?

Get Prequalified Before You Begin Looking

Getting prequalified* gives you buying power when you are looking for a new home. This means the lender agrees to provide a mortgage to you, the homebuyer, for a certain amount.

Prequalification can help you set realistic goals while you’re house hunting. And, it can provide you with the same negotiating ability as a cash buyer, which will enable you to move quickly once you find the perfect home. Home sellers feel more confident working with a homebuyer who has a prequalification letter.

Prequalification Advantages

  • Save time searching for homes because you can focus on your specific price range
  • Make an offer as soon as you find a home you want to buy
  • Gives you negotiating power because sellers know you’re ready to buy
  • Identify and solve any potential credit issues prior to house hunting

Ready to Get Started?

At Mutual of Omaha Mortgage, we understand that everyone’s situation is unique. We listen and answer your questions. Together, we’ll find the home loan solution that’s right for you and your budget. We offer a variety of loan programs:

Contact Us today to get prequalified.

*Prequalification is not an approval of credit, and does not signify that underwriting requirements have been met.

Our mortgage calculators will help you find a mortgage you can afford!

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