Consumer Tips

When you're ready to buy a home, a little preparation goes a long way

Wells Fargo Home Mortgage

February 17, 2021

Before you start shopping for a home, it's helpful to keep a few things in mind:

• Research your desired location: If you're considering moving to a new area, find out about those things that are important to your daily quality of life: schools, parks, proximity to wilderness areas or cities.
• Find the right real estate agent for you: Because finding the right home is a personal and important process, it's essential to work with a real estate agent who can help you reach your goals. Seek recommendations from friends, look for reviews online, schedule online or in-person meetings to get to know potential candidates.
• Know your price range: It's important to consider how the down payment, monthly payment, and other expenses like closing costs and home maintenance fit within your budget. Your home mortgage consultant can work with you to find a home financing option that meets your needs.
• Keep things uneventful: When you're considering applying for a home mortgage, be mindful about making big purchases (like a boat, car, etc.) or big moves (such as switching to freelance from a full-time job), as they could affect your application's approval status.

Your Wells Fargo team, together with Union Plus, is ready to provide home financing support and benefits to active and retired members of participating unions and their families.

Finding a home that meets your needs, in a neighborhood you love, at a price you can afford is a delicate balancing act. But with a little preparation, you'll be ready to start.

Learn more about Wells Fargo Home Mortgage