1. GET PRE-APPROVED
Find a loan officer to determine the amount for which you qualify.
2. FIND A REALTOR
Search online or ask family/friends for referrals.
3. FIND A CONTRACTOR
Find a Licensed Contractor to create your renovation project and get prices on your remodel.
4. START SEARCHING
Research homes and set appointments to view.
5. MAKE AN OFFER
Review market data and make an offer ASAP.
6. GET A CONTRACTOR BID
Your Licensed Contractor will give you a detailed bid to show your scope of renovation.
7. INSPECT HOME
Get your home inspected. It can provide you with a piece of mind and serve as a useful negotiation tool before closing.
8. MORTGAGE COMMITMENT
Your Loan Consultant will send you a letter detailing the loan terms.
9. CLOSING
Your Loan Consultant will send you a letter detailing the loan terms.
10. RENOVATION BEGINS
Renovation work beings and your contractor will be paid draws throughout the process and paid in full upon completion.
