mortgage lender, mortgage brokerIf you are in the market to buy a home right now, you could be getting a good deal from sellers desperate to unload their home and get into smaller home or a less expensive one that they can more easily afford. Before you start to look, however, talk to a mortgage lender about what they will require in terms of documentation, income, down payment, and how much home you can afford to buy. A mortgage lender is your best source of information about loan types and payment structures, so if you are armed with this information before you start house hunting, chances are, you can make a better offer and get a great deal on a new home. Chances are, the mortgage lender you choose will be busier than they were a year ago or so. According to sources in the residential real estate market, buyers are coming out of the woodwork, and both realtors and mortgage brokers are busier than they have been for several years. Maybe the fallout on the real estate crash is starting to settle, and we can look forward to movement in the housing market, again, as evey mortgage lender wishes for.