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Old 11-18-2008, 02:30 PM
 
9 posts, read 44,817 times
Reputation: 14

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My house is getting constructed in 1.5 months.I am looking for New Home Loan.It will be great if the forum can help in letting me know, the Banks/Institutions to approach for Loan and also the Cautions to take care of before finalising the one!
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Old 11-18-2008, 03:20 PM
 
Location: Laguna Niguel, CA
768 posts, read 4,345,963 times
Reputation: 457
Are you under contract on the new home? If so, did they require you to get pre-approved first?
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Old 11-19-2008, 07:18 PM
 
Location: Plano, Texas
1,673 posts, read 7,023,862 times
Reputation: 698
Make sure you look for a professional. there are many very well educated mortgage pros on this site that can help you secure your financing. What state are you building in?
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Old 11-19-2008, 08:40 PM
 
9 posts, read 44,817 times
Reputation: 14
Yes I am building a New Home in Plano,TX.I got the pre-approval,before signing the Contract with the builder. I am looking for Mortgage now, and wanted some good references for the same
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Old 11-19-2008, 08:41 PM
 
Location: Laguna Niguel, CA
768 posts, read 4,345,963 times
Reputation: 457
Is there anything wrong with the pre-approval you have or are you just looking to shop around? What are the terms you are being offered on the pre-approval?
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Old 11-20-2008, 03:39 PM
 
392 posts, read 1,540,632 times
Reputation: 134
Call a couple of the big guys and get GFEs. Compare rate, points, fees, and service (not just rate)! Good luck
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