Virginia Beach: First-Time Homebuyers Need Realistic Expectations About Mortgages

If you live in Virginia Beach or other Virginia cities, read this:

If Millennials could, they would have it all. For instance, a brand-new apartment with amenities like a pool, gym and built-in washer and dryer. The reality is many can’t afford the life they want or expect.

That’s why pre-approval is so important. When clients go through the pre-approval process, it means the lender has reviewed their financial documents. Pre-approval is critical to a smooth transaction because then young people know what they can afford from the get-go.

Featured photo: Chris Potter (Flickr)

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