Why is it important to talk with a lender and get pre-approved before looking at homes
with a Realtor?

*It is highly important to understand how much home you can afford. The current interest rate, your debt to income ratio, cash required for closing, down payment and closing costs are all variable and can have a significant affect on the sale price of a home you can afford to purchase.

*Most often sellers will require a pre-approval letter along with your offer on a property.

*An initial consultation with a lender will educate you on the overall scope of the loan process, expectations, current market conditions, etc.

*You will save so much of your time and energy by narrowing your price range. It’s important to have realistic expectations, spend YOUR time wisely, and prioritize your needs.

The Cowart Team of NFM Lending (Home Transactions)

Greg Cowart, Branch Manager – Loan Originator | NMLS#204399

Cell: 804-306-6463 | Email: gcowart@nfmlending.com | Website

Colonial Farm Credit (Rural Property and Land Transactions)

Forrest Sandford, Relationship Manager | NMLS#1036072

Phone: 804-690-5421 | Email: fsanford@colonialfarmcredit.com | Website


Colonial Farm Credit (Rural Property and Land Transactions)

Clay Roberts, Relationship Manager | NMLS#6631180

Phone: 804-746-4581 Ext 1149 | Email: croberts@colonialfarmcredit.com| Website