Question by JohnPau2010: When should I start my home loan (financing) process ?
– i have got a contract for a home what I am planning to purchase
– i am getting the home inspection done this weekend
– can i start the actually home loan financing process after the inspection is done or can I do it earlier also ?
I did get some pre-approval letter from a broker earlier before looking for a home
Best answer:
Answer by David Z
you should start it the day after you had the purchase agreement. These take time so do not delay any more.
What do you think? Answer below!
the day every one signed was the day to start.
You should have started the day you signed the contract…a pre approval letter doesnt mean anything….you can still be denied the loan.
the day of purchase agreement. and decision finalization.