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Updated about 6 years ago on . Most recent reply

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12
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2
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Brian K.
  • Kailua Kona, HI
2
Votes |
12
Posts

When to meet with mortgage broker

Brian K.
  • Kailua Kona, HI
Posted

I am new to the real estate business and want to meet with a mortgage broker to see what I qualify for. However, I know I won't be able to purchase anything for at least 1-2 more years because I am building my savings for a more appropriate down payment. If I only have a small savings (a few grand), is it worth it to schedule an appointment now? I am a 3rd year teacher (so, not raking in the big bucks) and I live in Hawaii (which, no surprise, has a high cost of living). Any recommendations for how to approach this? Go for it now? Or wait a bit?

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