Step 2 Begin prequalifying process with several lenders. Consider FHA loan if you qualify.

In step 1 you obtained a copy of your credit report and corrected incorrect entries. ( See my blog for full details).

Now that’s been completed it time to start looking for a lender. If you have prior relationship with someone then start there but I recommend but put in at least 3 preliminary applications.
One line services such as Lending Tree are any an ok place to start but I would recommend you make other applications as well.

Compare loans to find out true totally cost, there factor include rate, closing costs, ( if you are not coming out of pocket for costs are they actually be waived or are they being rolled into the loan?)

Don’t forget about FHA loans, because while they require far more paperwork they can often provide the best deal or agree to loans private companies may not. However in the state of Georgia the maximum loan for single family home is only about $250,000.00

FHA Home Loan Guarantee Program
FHA loans offer a loan guarantee for mortgage companies. If you acquire a FHA loan to purchase a home, the FHA is not actually lending money to you, the buyer; the FHA simply guarantees the lender in case you, the borrower, default on your mortgage payments.
You can pay as little as a 3% of the purchase price of your home for your down payment, and finance your closing costs with your mortgage loan. The FHA can guide you toward programs that require no down payment.

You can purchase a home in need of repairs and finance the repair costs with the mortgage. This way you can make the necessary repairs immediately without having to come up with the money yourself.
You can purchase manufactured homes and condominiums with a FHA loan.
You can finance the cost of energy-efficient repairs with the mortgage.