Charles Kennedy

Don't hire a real estate appraiser unless they have five years experience or more. Avoid hiring appraisers that came recommend to you from a real estate agency. You want to avoid any conflict of interest in this situation. Ensure your appraiser is properly licensed and certified.

You need to see your credit report prior to applying for a mortgage loan. After you obtain a copy of your history, review your copy and report any inaccuracies that you might find.

Be sure to have enough money saved up for the down payment your mortgage company requires. If you don't, you may be stuck paying more through PMI, or PMI.