Acquiring financing for South Bay Real Estate has gotten tougher, there is no disputing this fact, however it is possible to secure a mortgage for buying a home.  If you have a steady source of income and good credit you should have no problem getting a mortgage, but there are a few things to consider so that the financing comes through when you need it.

Many people believe that if they are approved for a loan then they are guaranteed their money at closing, this is not necessarily true.  Nothing is guaranteed these days, especially when it comes to money, and it is very important not to affect your credit before closing.

If you have secured a mortgage for a South Bay purchase do not go out and increase your credit card spending, do not go out and buy a new boat or car, do what you can to be conservative and keep your finances the way they were when you were approved, or better.  Significant changes to your credit could end up canceling out your loan at closing time.  Keep things copasetic financially and the closing of your new South Bay Property should occur without any drama.

Click here to read a recent article from Realty Times regarding the importance of maintaining your credit until closing. 

For the best in South Bay area experience and knowledge contact Krystyna Baty at 310-918-5027.  Krystyna has access to the  Greater South Bay MLS and all available listings in the area.